U.S. stocks were higher, with the Dow Jones index gaining around 400 points on Thursday.
Shares of Build-A-Bear Workshop, Inc. BBW rose sharply during Thursday’s session following better-than-expected second-quarter financial results.
Build-A-Bear reported second-quarter revenue growth of 2.4% Y/Y to $111.8 million, beating the analyst consensus of $108.5 million. EPS of 64 cents (+12.3% Y/Y), beating the Wall Street view of 57 cents.
Build-A-Bear shares jumped 19.7% to $33.37 on Thursday.
Here are some other big stocks recording gains in today's session.
- Affirm Holdings, Inc. AFRM shares jumped 33.2% to $42.06 following strong fourth-quarter earnings and upbeat first-quarter guidance.
- Eos Energy Enterprises, Inc. EOSE gained 22.2% to $2.6750 after the company announced it achieved first performance milestones related to Carberus Capital Management’s investment, allowing the company to draw an additional $30 million from the delayed draw term loan.
- Nutanix, Inc. NTNX gained 20.9% to $63.22 after the company reported better-than-expected fourth-quarter financial results and issued FY25 revenue guidance above estimates.
- Eliem Therapeutics, Inc. ELYM jumped 20.1% to $7.45.
- Iris Energy Limited IREN gained 19.6% to $8.89 after the company announced a year-over-year increase in FY24 Bitcoin mining revenue.
- Polestar Automotive Holding UK PLC PSNY rose 15.7% to $1.0950 after the company reported a quarter-over-quarter increase in second-quarter deliveries.
- Best Buy Co., Inc. BBY gained 14.5% to $100.49 after the company reported better-than-expected quarterly financial results raised its FY25 earnings guidance.
- iRhythm Technologies, Inc. IRTC rose 13.2% to $77.59. iRhythm Technologies expanded global reach with the launch of Zio® Cardiac Arrhythmia Monitoring Service in Austria, the Netherlands, Switzerland, and Spain.
- Astera Labs, Inc. ALAB gained 12% to $48.75.
- The Cooper Companies, Inc. COO rose 11.1% to $105.00 after the company reported better-than-expected third-quarter financial results and issued FY25 guidance above estimates. Also, Baird and Wells Fargo raised their respective price targets on the stock.
- Kanzhun Limited BZ gained 10.1% to $12.06 after the company announced it authorized an additional repurchase of $150 million of its shares in conjunction with its existing $200 million buyback.
- Veeva Systems Inc. VEEV climbed 8.8% to $216.85 after the company reported better-than-expected second-quarter financial results and issued FY25 adjusted EPS guidance above estimates.
- GameStop Corp. GME rose 8.5% to $21.62. The company issued a notice to terminate its $250 million credit facility.
- Stevanato Group S.p.A. STVN gained 8.3% to $21.94.
- Li Auto Inc. LI rose 6.5% to $18.97 after B of A maintained a Buy rating on the stock and raised its price target from $30 to $31.
- Canadian Imperial Bank of Commerce CM gained 6% to $57.81 after the company reported better-than-expected quarterly financial results.
- West Pharmaceutical Services, Inc. WST rose 6% to $315.43.
- Nokia Oyj NOK gained 5.8% to $4.4350 following a report suggesting that Samsung has an interest in the company’s mobile networks assets.
- NIO Inc. NIO gained 5.7% to $3.9127.
- Arm Holdings plc ARM gained 5.6% to $132.39.
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