U.S. stocks were higher, with the Nasdaq Composite gaining around 100 points on Thursday.
Shares of Groupon, Inc. GRPN rose sharply during Thursday's session after the company reported better-than-expected first-quarter financial results.
The company reported revenue of $117.2 million, beating estimates of $115.5 million, according to Benzinga Pro. Groupon reported an EPS of 18 cents, versus estimates for a loss of 11 cents.
Groupon shares jumped 26.3% to $21.45 on Thursday.
Here are some other big stocks recording gains in today’s session.
- SunOpta Inc. STKL shares jumped 41.3% to $6.40 after the company reported better-than-expected first-quarter financial results and raised its FY25 sales guidance above estimates. Additionally, the company announced a $25 million share repurchase program.
- Sezzle Inc. SEZL gained 36.5% to $72.00 after the company reported better-than-expected first-quarter financial results and raised its FY25 guidance.
- Dave Inc. DAVE rose 33.3% to $143.75 after the company reported strong first-quarter results and raised its FY25 sales guidance.
- LegalZoom.com, Inc. LZ gained 30% to $9.42 after the company reported better-than-expected first-quarter sales results and issued second-quarter sales guidance with its midpoint above estimates. Also, the company issued FY25 sales guidance above estimates.
- Regencell Bioscience Holdings Limited RGC jumped 29% to $245.00.
- QuidelOrtho Corporation QDEL gained 29% to $33.30 following upbeat quarterly earnings.
- Alvotech ALVO gained 24% to $9.86 after the company reported better-than-expected first-quarter financial results.
- D-Wave Quantum Inc. QBTS rose 22% to $8.41 after the company reported better-than-expected quarterly financial results.
- Revolution Medicines, Inc. RVMD jumped 15.5% to $43.39 following quarterly results.
- AppLovin Corporation APP gained 15.5% to $350.42 after the company reported better-than-expected first-quarter financial results.
- EPAM Systems, Inc. EPAM rose 14.8% to $182.95 after the company reported better-than-expected first-quarter financial results and issued second-quarter adjusted EPS guidance above estimates. Also, the company raised its FY25 guidance.
- Watts Water Technologies, Inc. WTS gained 10.7% to $234.35 following strong quarterly results.
- SharkNinja, Inc. SN surged 10.1% to $89.36 after the company reported better-than-expected first-quarter financial results and raised its FY25 adjusted EPS guidance above estimates.
- Axon Enterprise, Inc. AXON rose 9.6% to $659.40 after the company reported better-than-expected first-quarter financial results and raised FY25 sales guidance.
- Carvana Co. CVNA rose 9.1% to $282.76 after the company reported better-than-expected first-quarter financial results.
- Warner Bros. Discovery, Inc. WBD jumped 7.5% to $9.20 following quarterly results.
- Viatris Inc. VTRS gained 7.6% to $9.26 after the company reported better-than-expected first-quarter financial results and raised its FY25 adjusted EPS guidance.
- MercadoLibre, Inc. MELI gained 7% to $2,418.76 after the company reported better-than-expected first-quarter financial results.
- Paycom Software, Inc. PAYC rose 5.9% to $242.05 following upbeat quarterly results.
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