Benzinga - by Avi Kapoor, Benzinga Staff Writer.
U.S. stocks traded higher, with the Nasdaq Composite gaining around 75 points on Thursday.
Shares of Jabil Inc. (NYSE: JBL) rose during Thursday’s session after the company reported first-quarter earnings.
Jabil reported quarterly revenue of $8.39 billion, down by 13% year-on-year, beating the consensus estimate of $8.35 billion. The print manufacturing company's adjusted EPS of $2.60 beat the consensus of $2.58.
Jabil shares gained 5% to $126.60 on Thursday.
Here are some other big stocks recording gains in today’s session.
- Redfin Corporation (NASDAQ: RDFN) rose 21.8% to $10.26.
- Sunnova Energy International Inc. (NYSE: NOVA) rose 18.3% to $14.09.
- Wayfair Inc. (NYSE: W) climbed 17.3% to $66.75.
- Sunrun Inc. (NASDAQ: RUN) rose 16.7% to $17.42.
- Moderna, Inc. (NASDAQ: MRNA) climbed 15.8% to $91.14. Moderna and Merck & Co announced follow-up data from the Phase 2b randomized KEYNOTE-942/mRNA-4157-P201 study of mRNA-4157 (V940), an investigational individualized neoantigen therapy (INT), in combination with Keytruda in patients with resected high-risk melanoma (stage III/IV) following complete resection.
- Pacific Biosciences of California, Inc. (NASDAQ: PACB) gained 14.2% to $10.12. Stephens & Co. initiated coverage on Pacific Biosciences with an Overweight rating and announced a price target of $11.
- Alector, Inc. (NASDAQ: ALEC) climbed 14.8% to $7.92. Stifel upgraded Alector from Hold to Buy and raised the price target from $8 to $15.
- Opendoor Technologies Inc. (NASDAQ: OPEN) rose 14.4% to $4.71.
- Enphase Energy, Inc. (NASDAQ: ENPH) gained 13.6% to $122.22.
- Align Technology, Inc. (NASDAQ: ALGN) rose 13.1% to $261.62. Health Canada issued updated medical device license to Align Technology for the invisalign palatal expander system to address skeletal and dental expansion.
- Gold Fields Limited (NYSE: GFI) gained 11.3% to $16.43.
- Alcoa Corporation (NYSE: AA) climbed 11% to $28.84. Alcoa received approval for continued mining in Western Australia.
- First Solar, Inc. (NASDAQ: FSLR) gained 10.4% to $161.83.
- Lucid Group, Inc. (NASDAQ: LCID) climbed 9.1% to $4.90. Lucid Group has reportedly manufactured approximately 800 electric vehicles (EVs) at its Saudi Arabian production facility, concurrently training over 200 local employees.
- Citizens Financial Group, Inc. (NYSE: CFG) rose 8.9% to $34.35.
- Rivian Automotive, Inc. (NASDAQ: RIVN) gained 8.5% to $21.36 after the company signed an agreement with AT&T for the purchase of Rivian electric vehicles through a pilot program.
- Pool Corporation (NASDAQ: POOL) gained 8.1% to $394.66.
- RH (NYSE: RH) rose 7.3% to $304.60.
- Regions Financial Corporation (NYSE: RF) gained 7.3% to $19.42.
- The Carlyle Group Inc. (NASDAQ: CG) rose 7.3% to $41.72.
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