U.S. stocks were mixed, with the Dow Jones falling over 150 points on Wednesday.
Shares of Workday, Inc. (NASDAQ:WDAY) rose sharply during Tuesday's session after the company reported better-than-expected fourth-quarter financial results.
Workday reported quarterly earnings of $1.92 per share which beat the analyst consensus estimate of $1.78. Quarterly revenue clocked in at $2.21 billion which beat the analyst consensus estimate of $2.18 billion and is an increase over revenue of $1.92 billion from the same period last year.
Workday shares jumped 6.3% to $271.06 on Wednesday.
Here are some other big stocks recording gains in today's session.
- Porch Group, Inc. (NASDAQ:PRCH) shares jumped 63% to $6.18 following fourth-quarter results.
- Gaotu Techedu Inc. (NYSE:GOTU) gained 32.1% to $3.3450 after the company reported better-than-expected quarterly financial results.
- CommScope Holding Company, Inc. (NASDAQ:COMM) jumped 22.8% to $6.01 after the company reported better-than-expected quarterly financial results.
- ASP Isotopes Inc. (NASDAQ:ASPI) jumped 22.6% to $5.16 after the company announced the start of its commercial production of enriched Carbon-14 at its first aerodynamic separation process enrichment facility.
- ACM Research, Inc. (NASDAQ:ACMR) rose 20.2% to $27.57 after the company reported better-than-expected fourth-quarter financial results.
- Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL) shares surged 19.7% to $370.61 after the company reported better-than-expected quarterly EPS and sales.
- ZoomInfo Technologies Inc. (NASDAQ:ZI) gained 19.7% to $11.40 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter revenue guidance above estimates.
- CEVA, Inc. (NASDAQ:CEVA) gained 19.5% to $38.82.
- Lantheus Holdings, Inc. (NASDAQ:LNTH) rose 18.4% to $94.76 after reporting quarterly adjusted EPS and sales above estimates.
- Huron Consulting Group Inc. (NASDAQ:HURN) shares gained 18% to $147.96 after the company reported better-than-expected quarterly financial results. Also, multiple firms raised their respective price targets on the stock.
- Axon Enterprise, Inc. (NASDAQ:AXON) rose 17.5% to $583.32 after the company reported better-than-expected fourth-quarter financial results and issued FY24 revenue guidance with its midpoint above estimates.
- Super Micro Computer, Inc. (NASDAQ:SMCI) gained 16.4% to $53.01 after the company filed its quarterly report.
- XPeng Inc. (NYSE:XPEV) rose 14.6% to $21.92.
- Intuit Inc. (NASDAQ:INTU) shares gained 11.7% to $620.86 after the company reported better-than-expected second-quarter financial results.
- NRG Energy, Inc. (NYSE:NRG) rose 11.3% to $114.04 after the companies announced a venture with TIC to develop rapid electricity generation capacity to support GenAI demand.
- First Solar, Inc. (NASDAQ:FSLR) gained 9.5% to $161.53 following quarterly results.
- Anheuser-Busch InBev SA/NV (NYSE:BUD) rose 8.5% to $59.42 after the company reported better-than-expected quarterly earnings and revenues.
- Robinhood Markets, Inc. (NASDAQ:HOOD) shares gained 7.3% to $49.31.
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