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Sonos Reports Upbeat Results, Joins Macy's, NICE And Other Big Stocks Moving Higher On Thursday

Published 16/11/2023, 16:05
© Reuters.  Sonos Reports Upbeat Results, Joins Macy's, NICE And Other Big Stocks Moving Higher On Thursday

Benzinga - by Lisa Levin, Benzinga Editor.

U.S. stocks traded mixed, with the Dow Jones falling around 30 points on Thursday.

Shares of Sonos, Inc. (NASDAQ: SONO) shares climbed during Thursday’s session following upbeat fourth-quarter results.

Sonos posted an adjusted loss of 7 cents per share, compared to market estimates for a loss of 18 cents per share. The company’s quarterly sales came in at $305.10 million, versus estimates of $299.40 million.

Sonos shares jumped 13.2% to $12.85 on Thursday.

Here are some big stocks recording gains in today’s session.

Universal Technical Institute, Inc. (NYSE: UTI) gained 11.7% to $10.83 following strong quarterly sales.

NICE Ltd. (NASDAQ: NICE) surged 8.6% to $194.52 after the company reported third-quarter results.

Lavoro Limited (NASDAQ: LVRO) gained 8.5% to $6.75.

Gyre Therapeutics, Inc. (NASDAQ: GYRE) rose 8.4% to $13.41.

Ramaco Resources, Inc. (NASDAQ: METCB) gained 8.2% to $15.17. The company recently posted third-quarter results.

Macy's, Inc. (NYSE: M) surged 7.4% to $13.55 after it reported third-quarter FY23 earnings.

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) gained 7% to $50.05 after the company posted upbeat fourth-quarter results and raised its quarterly dividend.

Arcos Dorados Holdings Inc. (NYSE: ARCO) jumped 6.8% to $11.26 following strong quarterly results, according to data from Benzinga Pro.

Now Read This: Intel To Rally Over 23%? Here Are 10 Top Analyst Forecasts For Thursday

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

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