U.S. stocks traded higher, with the Dow Jones gaining around 50 points on Thursday. Here are some big stocks recording gains in today’s session.

  • Canopy Growth Corporation CGC jumped 31% to $0.59 after the HHS called for moving marijuana to a lower-risk drug category.
  • Microvast Holdings, Inc. MVST gained 18.3% to $2.14 after Janney Montgomery Scott initiated coverage on the stock with a Buy rating and $8 price target.
  • Caleres, Inc. CAL surged 15.5% to $28.58 after the company reported mixed second-quarter earnings and reiterated 2023 guidance.
  • Ciena Corporation CIEN shares rose 15% to $49.60 after the company reported upbeat third-quarter results.
  • Tilray Brands, Inc. TLRY climbed 14% to $3.03 after the HHS called for moving marijuana to a lower-risk drug category.
  • KE Holdings Inc. BEKE rose 13.3% to $17.74 after the company reported quarterly earnings, upsized an existing share repurchase program and declared a special dividend.
  • Okta, Inc. OKTA shares gained 13% to $83.15 after the company reported better-than-expected second-quarter financial results and raised FY24 guidance above estimates.
  • 1-800-FLOWERS.COM, Inc. FLWS jumped 12.8% to $7.88 after the company reported mixed fourth-quarter results.
  • SNDL Inc. SNDL gained 12.5% to $1.8681 after the HHS called for moving marijuana to a lower-risk drug category.
  • Infinera Corporation INFN rose 12.2% to $4.7250.
  • Titan Machinery Inc. TITN climbed 11.6% to $32.46 after the company reported better-than-expected second-quarter results.
  • Academy Sports and Outdoors, Inc. ASO rose 11.4% to $55.64 as the company reported a second-quarter FY23 sales decline of 6.2% year-on-year to $1.58 billion, in line with the analyst consensus estimate.
  • Genesco Inc. GCO rose 11% to $32.39 after the company reported better-than-expected second-quarter results.
  • Victoria's Secret & Co. VSCO gained 10.2% to $19.75 following quarterly results.
  • Cronos Group Inc. CRON jumped 10.2% to $2.0603. Shares of cannabis stocks traded higher after the HHS called for moving marijuana to a lower-risk drug category.
  • CrowdStrike Holdings, Inc. CRWD gained 9.2% to $162.88 after the company reported better-than-expected second-quarter results and issued guidance above estimates.
  • Shopify Inc. SHOP gained 8.8% to $65.35 after it collaborated with Amazon.Com Inc to streamline the shopping process for Prime members.
  • Angi Inc. ANGI jumped 8.2% to $2.51.
  • Veeva Systems Inc. VEEV climbed 8.1% to $208.18 after the company reported a second-quarter earnings beat and issued guidance above estimates. Several analysts raised their price targets on the stock following the report.
  • Signet Jewelers Limited SIG gained 8% to $77.16 following better-than-expected quarterly results.
  • Ollie's Bargain Outlet Holdings, Inc. OLLI gained 7.6% to $80.59 following strong quarterly results.
  • Hibbett, Inc. HIBB gained 6.7% to $45.90.
  • Western Digital Corporation WDC jumped 6% to $45.08.

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