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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