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Build-A-Bear Workshop Reports Upbeat Earnings, Joins VAALCO Energy, Dick's Sporting Goods And Other Big Stocks Moving Higher On Thursday

Published 14/03/2024, 14:38
© Reuters.  Build-A-Bear Workshop Reports Upbeat Earnings, Joins VAALCO Energy, Dick's Sporting Goods And Other Big Stocks Moving Higher On Thursday

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

U.S. stocks were lower, with the Dow Jones index falling more than 100 points on Thursday.

Shares of Build-A-Bear Workshop, Inc. (NYSE: 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 (NASDAQ: 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. (NYSE: EGY) shares climbed 22% to $5.45 after the company reported better-than-expected fourth-quarter financial results.
  • DICK'S Sporting Goods, Inc. (NYSE: DKS) gained 14.8% to $215.70 after the company reported strong fourth-quarter results and issued guidance above consensus estimates.
  • Lithium Americas Corp. (NYSE: 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. (NASDAQ: PI) rose 11.5% to $126.53 after the company announced a patent litigation settlement with NXP Semiconductors.
  • Palomar Holdings, Inc. (NASDAQ: 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. (NYSE: EB) rose 8.7% to $5.55. Eventbrite announced a $100 million share repurchase program.
  • Perfect Corp. (NYSE: PERF) climbed 8.6% to $2.8550.
  • Liquidia Corporation (NASDAQ: LQDA) surged 8.5% to $15.98.
  • IHS Holding Limited (NYSE: 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. (NASDAQ: HOOD) gained 6.3% to $18.24 after the company reported February trading metrics.
  • Cryoport, Inc. (NASDAQ: 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. (NASDAQ: LOT) gained 5.7% to $7.79.
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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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