Benzinga - by Lisa Levin, Benzinga Editor.
U.S. stocks traded higher, with the Dow Jones gaining around 100 points on Wednesday.
Shares of HP Inc. (NYSE: HPQ) gained during Wednesday’s session following quarterly results.
Net revenue fell 6.5% Y/Y to $13.817 billion, beating the consensus of $13.807 billion. Adjusted EPS of $0.90 was in line with the consensus.
The company said it sees first-quarter earnings of 76 cents to 86 cents per share and also affirmed its full-year profit forecast of $3.25 to $3.65 per share.
HP shares rose 3.9% to $28.95 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Gyre Therapeutics, Inc. (NASDAQ: GYRE) shares gained 14.2% to $14.54.
- agilon health, inc. (NYSE: AGL) surged 9.3% to $12.02. Deutsche Bank downgraded Agilon Health from Buy to Hold and lowered the price target from $27 to $12.
- GH Research PLC (NASDAQ: GHRS) climbed 8.4% to $6.34.
- VinFast Auto Ltd. (NASDAQ: VFS) rose 7% to $6.41.
- Trip.com Group Limited (NASDAQ: TCOM) gained 6.7% to $34.99. Trip.com recently said third-quarter revenue increased 99% year-over-year to $1.89 billion.
- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) rose 6.2% to $16.34. Calumet Speciality Products recently posted better-than-expected revenue results.
- PagSeguro Digital Ltd. (NYSE: PAGS) gained 6% to $9.65.
- Iridium Communications Inc. (NASDAQ: IRDM) rose 5.2% to $38.40. Iridium Communications CEO Matthew Desch acquired a total of 28,000 shares at an average price of $37.01.
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