Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

NetApp, Hormel Foods, Pure Storage And Other Big Stocks Moving Higher On Thursday

Published 01/06/2023, 15:09
Updated 01/06/2023, 16:40
© Reuters.  NetApp, Hormel Foods, Pure Storage And Other Big Stocks Moving Higher On Thursday

© Reuters. NetApp, Hormel Foods, Pure Storage And Other Big Stocks Moving Higher On Thursday

Benzinga - U.S. stocks traded mostly lower, with the Dow Jones dropping over 100 points on Thursday. Here are some big stocks recording gains in today’s session.

  • QuantaSing Group Limited (NASDAQ: QSG) rose 30.8% to $11.24 after the company reported third-quarter financial results and issued guidance.
  • Chewy, Inc. (NYSE: CHWY) shares jumped 24.2% to $36.62 after the company reported a year-over-year increase in first-quarter EPS results and better-than-expected sales results.
  • Lands' End, Inc. (NASDAQ: LE) gained 23.1% to $7.72 following upbeat first-quarter results.
  • Pure Storage, Inc. (NYSE: PSTG) rose 16% to $33.43 after the company reported better-than-expected first-quarter financial results and issued guidance.
  • Kingsoft Cloud Holdings Limited (NASDAQ: KC) shares surged 14.6% to $5.11. The China-based technology firm recently reported a first-quarter FY23 revenue of $271.48 million, missing the consensus of $282.80 million.
  • Veeva Systems Inc. (NYSE: VEEV) gained 12.8% to $186.93 after the company reported better-than-expected first-quarter results and issued strong EPS guidance.
  • Credo Technology Group Holding Ltd (NASDAQ: CRDO) surged 11.5% to $14.97 following upbeat quarterly sales.
  • Uranium Energy Corp. (NYSE: UEC) rose 10% to $2.85.
  • Alteryx, Inc. (NYSE: AYX) gained 9.8% to $42.77. B of A Securities upgraded Alteryx from Neutral to Buy and raised the price target from $60 to $70.
  • OraSure Technologies, Inc. (NASDAQ: OSUR) climbed 9.5% to $5.51.
  • Frontline plc (NYSE: FRO) gained 9.4% to $15.46.
  • Aehr Test Systems (NASDAQ: AEHR) surged 9.4% to $36.13. Aehr Test Systems reported new customer and initial order for FOX-XP multi-wafer test and burn-in system for volume production of silicon carbide MOSFETs.
  • NexGen Energy Ltd. (NYSE: NXE) gained 9.3% to $4.22.
  • Opera Limited (NASDAQ: OPRA) gained 8.9% to $17.15. TD Cowen maintained Opera with an Outperform and raised the price target from $14 to $19.
  • DHT Holdings, Inc. (NYSE: DHT) rose 7.8% to $8.29. DHT Holdings reported acquisition of 2018 built VLCC for $94.5 million.
  • NetApp, Inc. (NASDAQ: NTAP) gained 7.8% to $71.52 after the company reported better-than-expected fourth-quarter financial results and issued guidance.
  • Hormel Foods Corporation (NYSE: HRL) climbed 7% to $40.91 following second-quarter results.

Read More: Dow Tumbles Over 200 Points; Chicago PMI Drops In May

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.