Sonos Reports Upbeat Results, Joins Macy's, NICE And Other Big Stocks Moving Higher On Thursday

U.S. stocks traded mixed, with the Dow Jones falling around 30 points on Thursday.

Shares of Sonos, Inc. SONO shares climbed during Thursday’s session following upbeat fourth-quarter results.

Sonos posted an adjusted loss of 7 cents per share, compared to market estimates for a loss of 18 cents per share. The company’s quarterly sales came in at $305.10 million, versus estimates of $299.40 million.

Sonos shares jumped 13.2% to $12.85 on Thursday.

Here are some big stocks recording gains in today’s session.

Universal Technical Institute, Inc. UTI gained 11.7% to $10.83 following strong quarterly sales.

NICE Ltd. NICE surged 8.6% to $194.52 after the company reported third-quarter results.

Lavoro Limited LVRO gained 8.5% to $6.75.

Gyre Therapeutics, Inc. GYRE rose 8.4% to $13.41.

Ramaco Resources, Inc. METCB gained 8.2% to $15.17. The company recently posted third-quarter results.

Macy's, Inc. M surged 7.4% to $13.55 after it reported third-quarter FY23 earnings.

Kulicke and Soffa Industries, Inc. KLIC gained 7% to $50.05 after the company posted upbeat fourth-quarter results and raised its quarterly dividend.

Arcos Dorados Holdings Inc. ARCO jumped 6.8% to $11.26 following strong quarterly results, according to data from Benzinga Pro.

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