Benzinga - by Avi Kapoor, Benzinga Staff Writer.
U.S. stocks were higher, with the Nasdaq Composite gaining more 2% on Thursday.
Shares of NICE Ltd. (NASDAQ: NICE) rose sharply during Thursday’s session after the company reported better-than-expected fourth-quarter financial results and issued FY24 guidance above estimates.
NICE reported fourth-quarter fiscal 2023 revenue growth of 9.6% year-over-year to $623.19 million, beating the consensus of $618.51 million. Adjusted EPS improved to $2.36 compared to $2.04 in the prior year, beating the consensus of $2.28.
NICE shares jumped 10.4% to $249.39 on Thursday.
Here are some other big stocks recording gains in today’s session.
- Root, Inc. (NASDAQ: ROOT) shares shares rose 40.8% to $12.21 after posting better-than-expected fourth-quarter results.
- Novavax, Inc. (NASDAQ: NVAX) gained 34.7% to $5.36. Novavax has reached a settlement related to the 2021 advance purchase agreement for Novavax's prototype Covid-19 vaccine (NVX-COV2373).
- Mativ Holdings, Inc. (NYSE: MATV) climbed 27.6% to $15.00 following upbeat earnings.
- Outset Medical, Inc. (NASDAQ: OM) rose 26% to $4.0680 following upbeat results.
- Ocular Therapeutix, Inc. (NASDAQ: OCUL) climbed 22.2% to $9.19 after announcing a $325.0 million private placement.
- Remitly Global, Inc. (NASDAQ: RELY) shares gained 19.5% to $21.13 after the company reported better-than-expected fourth-quarter financial results.
- B. Riley Financial, Inc. (NASDAQ: RILY) climbed 19.3% to $18.13. B. Riley’s board issued a statement regarding internal review.
- Super Micro Computer, Inc. (NASDAQ: SMCI) gained 19.2% to $875.07. Supermicro announced a proposed offering of $1.5 billion of convertible senior notes due 2029.
- AlTi Global, Inc. (NASDAQ: ALTI) jumped 18.6% to $6.90. AlTi Global announced a strategic investment of up to $450 million by Allianz X and Constellation Wealth Capital.
- Amylyx Pharmaceuticals, Inc. (NASDAQ: AMLX) gained 17.5% to $18.00 following strong sales results.
- ACV Auctions Inc. (NASDAQ: ACVA) rose 16.9% to $16.37 after the company reported better-than-expected fourth-quarter financial results and announced the settlement of its antitrust litigation related to the AutoIMS technology platform.
- FTI Consulting, Inc. (NYSE: FCN) climbed 15.5% to $219.72 following upbeat results.
- NVIDIA Corporation (NASDAQ: NVDA) gained 15.4% to $778.61 after the company reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for the first quarter.
- OUTFRONT Media Inc. (NYSE: OUT) climbed 15.4% to $14.35 following upbeat results.
- Lantheus Holdings, Inc. (NASDAQ: LNTH) gained 14.4% to $64.90 following strong results.
- Indivior PLC (NASDAQ: INDV) rose 13.3% to $19.83 following fourth-quarter results.
- Installed Building Products, Inc. (NYSE: IBP) gained 12.8% to $228.59 after the company reported better-than-expected fourth-quarter financial results and authorized a $300 million stock repurchase program.
- ICON Public Limited Company (NASDAQ: ICLR) rose 12.1% to $319.05 after the company reported better-than-expected fourth-quarter adjusted EPS results and issued FY24 guidance.
- Celestica Inc. (NYSE: CLS) climbed 11.6% to $41.51.
- Advanced Micro Devices, Inc. (NASDAQ: AMD) rose 11.6% to $183.27 in sympathy with NVIDIA, which reported better-than-expected quarterly financial results and issued revenue guidance above estimates.
- Quanta Services, Inc. (NYSE: PWR) gained 11% to $234.42 after the company reported better-than-expected quarterly financial results and issued guidance.
- Synopsys, Inc. (NASDAQ: SNPS) climbed 10.7% to $601.93 after the company reported better-than-expected first-quarter adjusted EPS results and issued strong guidance.
- Q2 Holdings, Inc. (NASDAQ: QTWO) gained 9.5% to $45.82 following strong results.
- Moderna, Inc. (NASDAQ: MRNA) gained 9.5% to $95.93 after the company reported fourth-quarter financial results.
- Dell Technologies Inc. (NYSE: DELL) rose 8.7% to $88.46.
- Wingstop Inc. (NASDAQ: WING) gained 8.4% to $336.34. Wingstop reported better-than-expected results for its fourth quarter on Wednesday.
- Royal Caribbean Cruises Ltd. (NYSE: RCL) surged 7.9% to $124.00 after the company raised its FY24 adjusted EPS guidance. Also, the company said demand and bookings has exceeded expectations.
- DigitalOcean Holdings, Inc. (NYSE: DOCN) rose 6.8% to $38.29 following upbeat results.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or
remove ads
.
Now Read This: Jim Cramer: Unity Software 'Had Problems,' But Zscaler Is A 'Good One' To Buy
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.