Benzinga - by Avi Kapoor, Benzinga Staff Writer.
U.S. stocks were higher, with the Dow Jones index gaining more than 100 points on Friday.
Shares of Smith & Wesson Brands, Inc. (NASDAQ: SWBI) rose sharply during Friday’s session after the company reported better-than-expected third-quarter financial results.
The company recorded sales growth of 6.5% year-on-year to $137.5 million, beating the analyst consensus estimate of $133.55 million. Adjusted EPS of $0.19 beat the consensus estimate of $0.10.
Smith & Wesson Brands shares surged 25.8% to $16.91 on Friday.
Here are some other big stocks recording gains in today’s session.
- Willdan Group, Inc. (NASDAQ: WLDN) jumped 30.4% to $25.89 after the company reported better-than-expected fourth-quarter financial results and issued FY24 guidance above estimates. Also, the company secured a contract worth approximately $30 million to $50 million over three years.
- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) shares rose 24.1% to $6.43 after the company reported a year-over-year increase in fourth-quarter revenue results.
- Grifols, S.A. (NASDAQ: GRFS) climbed 22.7% to $6.89 after the company announced it published its consolidated annual accounts for 2023.
- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) climbed 21.6% to $14.25.
- America's Car-Mart, Inc. (NASDAQ: CRMT) rose 16.5% to $72.56 following third-quarter results.
- Porch Group, Inc. (NASDAQ: PRCH) gained 16.1% to $3.6099 after the company reported better-than-expected fourth-quarter financial results and issued FY24 guidance.
- Samsara Inc. (NYSE: IOT) climbed 14.3% to $39.28 after the company reported better-than-expected fourth-quarter financial results and issued FY25 guidance above estimates.
- PureCycle Technologies, Inc. (NASDAQ: PCT) gained 12.7% to $5.75.
- Carvana Co. (NYSE: CVNA) gained 12.2% to $89.19 after RBC Capital upgraded the stock from Underperform to Sector Perform and raised its price target from $45 to $90.
- Adaptimmune Therapeutics plc (NASDAQ: ADAP) rose 12.1% to $1.95. Adaptimmune Therapeutics recently reported better-than-expected quarterly EPS results.
- Ventyx Biosciences, Inc. (NASDAQ: VTYX) gained 11.6% to $11.31. Ventyx Biosciences recently announced a $100 million private placement of common stock.
- CleanSpark, Inc. (NASDAQ: CLSK) gained 11.6% to $19.88.
- HCI Group, Inc. (NYSE: HCI) climbed 11.3% to $110.42 after the company reported better-than-expected fourth-quarter financial results.
- Marathon Digital Holdings, Inc. (NASDAQ: MARA) rose 10.5% to $24.10.
- Valneva SE (NASDAQ: VALN) gained 10.2% to $7.58.
- Redfin Corporation (NASDAQ: RDFN) gained 9.6% to $7.10.
- Plug Power Inc. (NASDAQ: PLUG) rose 8.5% to $4.2350.
- Affirm Holdings, Inc. (NASDAQ: AFRM) climbed 8.4% to $39.65.
- Upstart Holdings, Inc. (NASDAQ: UPST) climbed 8.2% to $28.53.
- Riot Platforms, Inc. (NASDAQ: RIOT) gained 6.8% to $12.79.
- Snap Inc. (NYSE: SNAP) rose 6% to $12.56 after the House Energy and Commerce Committee unanimously approved a bill that that would force ByteDance to divest TikTok.
- Carnival Corporation (NYSE: CCL) rose 5% to $16.44.
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