Benzinga - by Avi Kapoor, Benzinga Staff Writer.
U.S. stocks traded mixed, with the Dow Jones gaining around 80 points on Friday.
Shares of Booz Allen Hamilton Holding Corporation (NYSE: BAH) rose sharply during Friday’s session after the company reported better-than-expected third-quarter financial results, increased its quarterly dividend and raised FY24 guidance.
Booz Allen Hamilton posted adjusted earnings of $1.41 per share, beating market estimates of $1.14 per share. The company’s quarterly sales came in at $2.57 billion versus expectations of $2.54 billion, according to data from Benzinga Pro.
Booz Allen Hamilton shares jumped 13.2% to $145.90 on Friday.
Here are some other big stocks recording gains in today’s session.
- AppFolio, Inc. (NASDAQ: APPF) surged 25.7% to $219.23 after the company reported better-than-expected fourth-quarter financial results and issued guidance.
- Vera Therapeutics, Inc. (NASDAQ: VERA) gained 20.6% to $30.54. Raymond James analyst Steven Seedhouse upgraded Vera Therapeutics from Outperform to Strong Buy and raised the price target from $29 to $37.
- eHealth, Inc. (NASDAQ: EHTH) jumped 19.8% to $6.70 after the company announced preliminary results for the fourth quarter.
- Tellurian Inc. (NASDAQ: TELL) shares rose 16.6% to $0.6067 following a report suggesting the company hired Lazard to explore a possible sale.
- Cipher Mining Inc. (NASDAQ: CIFR) climbed 11.8% to $2.64.
- Lumen Technologies, Inc. (NASDAQ: LUMN) gained 11.2% to $1.5350 after the company announced that it entered into an amended and rested transaction support agreement with a group of creditors.
- ESSA Pharma Inc. (NASDAQ: EPIX) gained 11% to $7.55.
- Mereo BioPharma Group plc (NASDAQ: MREO) rose 10.5% to $4.0207.
- Freedom Holding Corp. (NASDAQ: FRHC) gained 8.5% to $84.98 after the company announced the conclusion of an external review of allegations made in a short-seller report.
- CleanSpark, Inc. (NASDAQ: CLSK) climbed 7.8% to $7.88.
- Repligen Corporation (NASDAQ: RGEN) rose 7.3% to $199.07.
- American Express Company (NYSE: AXP) climbed 7.2% to $201.61 after the company posted quarterly results and plans to increase the regular quarterly dividend by 17%.
- Avid Bioservices, Inc. (NASDAQ: CDMO) rose 7.2% to $7.42.
- First Financial Bankshares, Inc. (NASDAQ: FFIN) rose 6.9% to $32.29 after the company reported fourth-quarter financial results.
- The Bancorp, Inc. (NASDAQ: TBBK) climbed 6.6% to $43.18 after the company reported better-than-expected fourth-quarter sales results.
- Gentex Corporation (NASDAQ: GNTX) surged 6% to $33.74 after the company reported better-than-expected fourth-quarter financial results and issued guidance.
- Olin Corporation (NYSE: OLN) gained 6% to $54.89 following strong results.
- Avantor, Inc. (NYSE: AVTR) rose 5.2% to $23.07 after Raymond James maintained an Outperform rating on the stock and raised its price target from $22.5 to $26.
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