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KB Home Reports Upbeat Earnings, Joins Harrow, Accenture, Gilead Sciences And Other Big Stocks Moving Higher On Thursday
Benzinga·06/20/2024 14:21:23
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U.S. stocks were mixed, with the Dow Jones index gaining around 150 points on Thursday.
Shares of KB Home (NYSE:KBH) rose during Thursday's session as the company posted better-than-expected earnings and sales results for its second quarter on Tuesday.
KB Home reported quarterly earnings of $2.15 per share, which beat the analyst consensus estimate of $1.78. Quarterly sales came in at $1.71 billion, which beat the analyst consensus estimate of $1.651 billion, according to data from Benzinga Pro.
KB Home shares gained 4.2% to $70.91 on Thursday.
Here are some other big stocks recording gains in today’s session.
- Ocular Therapeutix, Inc. (NASDAQ:OCUL) shares climbed 16% to $6.36 after TD Cowen upgraded the stock from Hold to Buy and raised its price target from $7 to $11.
- Applied Digital Corporation (NASDAQ:APLD) jumped 15.3% to $5.95.
- Ranpak Holdings Corp. (NYSE:PACK) rose 13.7% to $6.49.
- ImmunityBio, Inc. (NASDAQ:IBRX) gained 13.6% to $7.08 after the company announced insurance coverage of ANKTIVA across multiple states with first commercial doses administered.
- Harrow, Inc. (NASDAQ:HROW) shares jumped 12.2% to $19.81 after the company announced the manufacture of the first of three commercial-scale process performance qualification batches of TRIESENCE 40 mg/mL. Also the company announced that the second and third required PPQ batches are now scheduled.
- ZKH Group Limited (NYSE:ZKH) climbed 11.4% to $3.92
- NANO Nuclear Energy Inc. (NASDAQ:NNE) rose 11.3% to $12.91.
- Himax Technologies, Inc. (NASDAQ:HIMX) surged 11.1% to $8.23
- Globant S.A. (NYSE:GLOB) gained 7.9% to $166.36 after the company announced the launch of Globant GUT.
- Bilibili Inc. (NASDAQ:BILI) shares jumped 7.8% to $17.45. On Tuesday, JP Morgan analyst Daniel Chen upgraded Bilibili from Neutral to Overweight and announced a $21 price target.
- Super Micro Computer, Inc. (NASDAQ:SMCI) climbed 7% to $982.60 after Elon Musk indicated the company will provide server racks for the supercomputer that xAI is building.
- Accenture plc (NYSE:ACN) gained 6.7% to $304.41 after the company posted quarterly results.
- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) rose 6.2% to $20.18.
- WestRock Company (NYSE:WRK) rose 5.6% to $52.48.
- Advanced Micro Devices, Inc. (NASDAQ:AMD) gained 5% to $162.36.
- Kohl’s Corporation (NYSE:KSS) climbed 4.5% to $22.35.
- Gilead Sciences, Inc. (NASDAQ:GILD) rose 4.1% to $65.76 after the company announced results from an interim analysis of a Phase 3 trial, showing Lenacapavir demonstrated 100% efficacy for HIV prevention and superiority to daily Truvada.
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Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.
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