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Watsco Posts Upbeat Results, Joins GeneDx, Intel And Other Big Stocks Moving Higher On Tuesday

Benzinga·02/18/2025 19:05:17
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U.S. stocks were lower, with the Dow Jones falling around 100 points on Tuesday.

Shares of Watsco Inc (NYSE:WSO) rose sharply during Tuesday's session after the company reported better-than-expected fourth-quarter EPS and revenue.

Watsco reported quarterly earnings of $2.37 per share which beat the analyst consensus estimate of $2.16 per share. The company reported quarterly sales of $1.75 billion which beat the analyst consensus estimate of $1.66 billion.

Watsco shares jumped 8.7% to $525.81 on Tuesday.

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

  • GCL Global Holdings Ltd (NASDAQ:GCL) shares jumped 52% to $4.50.
  • GeneDx Holdings Corp. (NASDAQ:WGS) gained 26.5% to $96.57 after the company issued FY25 revenue guidance above consensus estimates.
  • WeRide Inc (NASDAQ:WRD) gained 26.1% to $39.72.
  • Allogene Therapeutics Inc (NASDAQ:ALLO) gained 23% to $2.51.
  • Pagaya Technologies Ltd (NASDAQ:PGY) surged 19.5% to $18.36.
  • Oscar Health Inc (NYSE:OSCR) climbed 16.6% to $15.70.
  • Zai Lab Ltd – ADR (NASDAQ:ZLAB) gained 12.5% to $32.64. Zai Lab will announce fourth quarter and full year 2024 financial results and provide recent corporate updates on Feb. 27, 2025.
  • H&E Equipment Services, Inc. (NASDAQ:HEES) gained 12.4% to $98.12. H&E Equipment Services received superior proposal from Herc Holdings Inc.
  • Super Micro Computer Inc (NASDAQ:SMCI) gained 12.3% to $53.80 amid positive sentiment ahead of its annual report filing deadline on Feb 25. The shares are also rising following its upbeat FY2026 revenue projection last week.
  • Recursion Pharmaceuticals Inc (NASDAQ:RXRX) gained 12% to $11.79.
  • Intel Corp (NASDAQ:INTC) gained 9.7% to $25.88 amid reports suggesting Broadcom and TSMC are considering bids for portions of the company.
  • Moderna Inc (NASDAQ:MRNA) gained 7.5% to $35.48.

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