Workday, ACM Research, ZoomInfo Technologies, CEVA, Intuit And Other Big Stocks Moving Higher On Wednesday

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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