U.S. stocks were lower, with the Dow Jones index falling around 400 points on Friday.
Shares of Scholastic Corporation (NASDAQ:SCHL) rose sharply during Friday's session following upbeat quarterly earnings.
Scholastic reported quarterly losses of 5 cents per share which beat the analyst consensus estimate of a loss of 78 cents per share. The company reported quarterly sales of $335.400 million which missed the analyst consensus estimate of $347.680 million.
Scholastic shares jumped 12.2% to $21.09 on Friday.
Here are some other big stocks recording gains in today's session.
- Regencell Bioscience Holdings Limited (NASDAQ:RGC) shares jumped 30% to $58.51.
- AleAnna, Inc. (NASDAQ:ANNA) jumped 23.7% to $9.44.
- Ouster, Inc. (NASDAQ:OUST) gained 20.8% to $10.12 after the company reported better-than-expected quarterly financial results.
- Northern Dynasty Minerals Ltd. (NYSE:NAK) shares rose 14% to $0.8021.
- Torrid Holdings Inc. (NYSE:CURV) jumped 9% to $6.03 following better-than-expected quarterly results.
- agilon health, inc. (NYSE:AGL) rose 8.2% to $4.4351. Needham analyst Ryan MacDonald reiterated Agilon Health with a Hold rating.
- Cytokinetics, Incorporated (NASDAQ:CYTK) gained 5.5% to $45.47.
- Adaptive Biotechnologies Corporation (NASDAQ:ADPT) gained 7.5% to $8.33. Goldman Sachs analyst Salveen Richter upgraded Adaptive Biotechnologies from Neutral to Buy and raised the price target from $8 to $9.
- Precigen, Inc. (NASDAQ:PGEN) shares rose 7% to $1.9250.
Now Read This: