U.S. stocks were lower, with the Dow Jones index falling more than 100 points on Thursday.
Shares of Build-A-Bear Workshop, Inc. BBW rose sharply during Thursday’s session after the company reported better-than-expected fourth-quarter EPS but missed on revenue, according to data from Benzinga Pro. Additionally, the company guided FY24 revenue growth on a low-to-mid-single-digit percentage basis.
Build-A-Bear Workshop shares jumped 15.7% to $29.20 on Thursday.
Here are some other big stocks recording gains in today’s session.
- Turtle Beach Corporation HEAR shares surged 29.2% to $14.25 after the company announced the acquisition of PDP and its intention to launch a modified "Dutch Auction" Tender Offer. The company also reported fourth-quarter financial results.
- VAALCO Energy, Inc. EGY shares climbed 22% to $5.45 after the company reported better-than-expected fourth-quarter financial results.
- DICK'S Sporting Goods, Inc. DKS gained 14.8% to $215.70 after the company reported strong fourth-quarter results and issued guidance above consensus estimates.
- Lithium Americas Corp. LAC climbed 14.6% to $6.57 after the company announced that it received a conditional commitment from the U.S. Department of Energy for a $2.26 billion loan under the Advanced Technology Vehicles Manufacturing Loan Program for financing the construction of the processing facilities at Thacker Pass in Nevada.
- Impinj, Inc. PI rose 11.5% to $126.53 after the company announced a patent litigation settlement with NXP Semiconductors.
- Palomar Holdings, Inc. PLMR gained 9.4% to $83.24. Jefferies analyst Andrew Andersen upgraded Palomar from Hold to Buy and raised the price target from $78 to $88.
- Eventbrite, Inc. EB rose 8.7% to $5.55. Eventbrite announced a $100 million share repurchase program.
- Perfect Corp. PERF climbed 8.6% to $2.8550.
- Liquidia Corporation LQDA surged 8.5% to $15.98.
- IHS Holding Limited IHS gained 7.7% to $3.05. TD Cowen analyst Gregory Williams maintained IHS Holding with an Outperform and lowered the price target from $19 to $15.
- Robinhood Markets, Inc. HOOD gained 6.3% to $18.24 after the company reported February trading metrics.
- Cryoport, Inc. CYRX gained 6.1% to $15.24. CryoPort recently reported worse-than-expected fourth-quarter financial results and issued FY24 revenue guidance below estimates.
- Lotus Technology Inc. LOT gained 5.7% to $7.79.
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