U.S. stocks closed higher with the Dow Jones gaining more than 300 points on Thursday. Here is the list of some big stocks recording gains in the previous session.
- Golden Sun Education Group Limited (NASDAQ: GSUN) climbed 38% to settle at $37.33. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment. Anticipation of the Fed's Jackson Hole symposium is also impacting stocks.
- Snowflake Inc. (NYSE: SNOW) jumped 23.1% to close at $196.28 after the company reported better-than-expected Q2 sales results and issued product revenue guidance.
- Destination XL Group, Inc. (NASDAQ: DXLG) climbed 19.8% to close at $5.03 after the company reported better-than-expected Q2 GAAP EPS and sales results and raised FY22 sales guidance.
- Full Truck Alliance Co. Ltd. (NYSE: YMM) surged 14.7% to close at $8.03 after reporting upbeat Q2 earnings.
- Lancaster Colony Corporation (NASDAQ: LANC) gained 14.1% to close at $167.26 after the company reported better-than-expected Q4 EPS and sales results.
- Pinterest, Inc. (NYSE: NYSE:PINS) rose 14.1% to close at $24.01. Reports suggest the company's collage app Shuffles has sent out pre-release invites that are trending among TikTok users.
- MINISO Group Holding Limited (NYSE: MNSO) gained 13.8% to close at $6.94. MINISO Group reported a fourth-quarter FY22 sales decline of 6.3% year-on-year to RMB2.32 billion ($346 million), beating the analyst consensus of $338.22 million.
- HighPeak Energy, Inc. (NASDAQ: HPK) surged 13.2% to close at $28.17. HighPeak Energy 10% owner John Paul Dejoria bought a total 2,313,744 shares at an average price of $21.61.
- Axcelis Technologies, Inc. (NASDAQ: ACLS) gained 12.9% to close at $81.73.
- Futu Holdings Limited (NASDAQ: FUTU) surged 12.8% to settle at $45.91. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment.
- Pinduoduo Inc. (NASDAQ: PDD) climbed 12.4% to close at $59.83. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment. Anticipation of the Fed's Jackson Hole symposium is also impacting stocks.
- Bilibili Inc. (NASDAQ: BILI) gained 12.1% to settle at $27.36. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment.
- Melco Resorts & Entertainment Limited (NASDAQ: MLCO) surged 11.2% to settle at $5.77. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment.
- Shoe Carnival (NYSE:CCL), Inc. (NASDAQ: SCVL) gained 11% to settle at $25.09 after the company reported Q2 earnings results.
- 360 DigiTech, Inc. (NASDAQ: QFIN) rose 10.9% to close at $15.87. Shares of several Chinese stocks traded higher after the Chinese government announced new stimulus spending, which lifted investor sentiment.
- Coty Inc. (NYSE: COTY) gained 10.6% to close at $8.17 after the company reported better-than-expected Q4 sales results and issued guidance.
- Tilray Brands, Inc. (NASDAQ: TLRY) rose 9.6% to close at $4.12. Reports suggest New York regulators set a cap of 150 conditional marijuana retail permits for the first round of adult-use business licensing.
- JD.com, Inc. (NASDAQ: JD) gained 9.2% to settle at $64.91.
- Alibaba (NYSE:BABA) Group Holding Limited (NYSE: BABA) gained 8% to close at $99.89. Alibaba Group kicked off its seventh Maker Festival in Guangdong, China, the province with the maximum Taobao stores, Pandaily reported.
- NetApp, Inc. (NASDAQ: NTAP) gained 7.9% to close at $78.56 after the company reported better-than-expected Q1 results.
- Autodesk, Inc. (NASDAQ: NASDAQ:ADSK) rose 2.3% to close at $220.15 after the company reported better-than-expected Q2 results and issued FY23 guidance above estimates.
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