U.S. stocks were higher, with the Dow Jones index gaining over 350 points on Thursday.
Shares of Stitch Fix Inc (NASDAQ:SFIX) rose sharply after the company reported better-than-expected third-quarter financial results.
Stitch Fix reported a loss of 1 cent per share, beating the consensus estimate of a 6 cent-loss. In addition, it reported revenue of $340.27 million, beating the consensus estimate of $331.43 million.
Stitch Fix shares jumped 15.8% to $4.17 on Thursday.
Here are some other big stocks recording gins in today’s session.
- Velo3D Inc (NASDAQ:VELO) shares jumped 18.3% to $26.83. Velo3D named former Fremont Mayor Lily Mei as Independent Director to Board of Directors.
- Virgin Galactic Holdings Inc (NYSE:SPCE) jumped 16% to $5.43.
- InterDigital Inc (NASDAQ:IDCC) gained 15.2% to $292.50. InterDigital and Amazon entered into new video services and devices license agreement.
- Enliven Therapeutics Inc (NASDAQ:ELVN) rose 15% to $42.64 after the company announced efficacy Phase 1 data for ELVN-001 in patients with chronic myeloid leukemia.
- Satellogic Inc (NASDAQ:SATL) gained 12.5% to $7.07.
- Syntec Optics Holdings Inc (NASDAQ:OPTX) gained 12.1% to $14.35.
- ChipMOS Technologies Inc – ADR (NASDAQ:IMOS) rose 11.7% to $61.60. ChipMOS reported May sales of $76 million, up 17.7% year over year.
- Navan Inc (NASDAQ:NAVN) gained 11.3% to $23.24 after the company reported better-than-expected quarterly financial results and raised its FY27 sales guidance above estimates.
- Voyager Technologies Inc (NYSE:VOYG) gained 11.1% to $45.86.
- Intel Corp (NASDAQ:INTC) gained 11.1% to $118.96 after B of A Securities upgraded its rating on the stock from Underperform to Buy and raised its price target from $96 to $135.
- Credo Technology Group Holding Ltd (NASDAQ:CRDO) gained 10.3% to $262.12.
- Intuitive Machines Inc (NASDAQ:LUNR) gained 10.1% to $29.21.
- Telecom Argentina SA (NYSE:TEO) gained 9.2% to $15.54.
- KLA Corp (NASDAQ:KLAC) rose 8.8% to $2,324.10 after Barclays maintained its Overweight rating on the stock and raised its price target from $1,700 to $2,250.
- Astera Labs, Inc (NASDAQ:ALAB) rose 8.4% to $358.75.
- Tower Semiconductor Ltd (NASDAQ:TSEM) surged 8.4% to $253.25.
- Arm Holdings PLC – ADR (NASDAQ:ARM) gained 8.4% to $333.22 after B of A Securities maintained its Neutral rating on the stock and raised its price target from $245 to $335.
- SanDisk Corp (NASDAQ:SNDK) climbed 7.7% to $1,771.18.
Photo via Shutterstock
