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Unity Software, Tapestry, CIRCOR International And Other Big Stocks Moving Higher On Thursday

Benzinga ·  May 11, 2023 22:48

U.S. stocks traded lower, with the Dow Jones dropping more than 300 points on Thursday. Here are some big stocks recording gains in today's session.

  • Absolute Software Corporation (NASDAQ:ABST) shares rose 32.3% to $11.36 after the company announced it will be acquired by Crosspoint Capital Partners for an enterprise value of $870 million.
  • Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) jumped 29.2% to $36.18 after the company issued strong Q2 guidance.
  • AppLovin Corporation (NASDAQ:APP) rose 25.8% to $22.42 following better-than-expected Q1 sales.
  • KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) gained 24.3% to $11.09 after the company reported better-than-expected Q1 financial results.
  • SmartRent, Inc. (NYSE:SMRT) gained 20.4% to $3.25 after the company reported better-than-expected Q2 sales results and issues FY23 guidance.
  • Magnite, Inc. (NASDAQ:MGNI) surged 20% to $11.30 after the company reported better-than-expected Q1 financial results.
  • Entegris, Inc. (NASDAQ:ENTG) climbed 19.3% to $93.17 following strong quarterly results.
  • Digimarc Corporation (NASDAQ:DMRC) gained 19.3% to $23.76 after the company reported better-than-expected Q1 results.
  • The Goodyear Tire & Rubber Company (NASDAQ:GT) climbed 18.2% to $13.85 after Elliott sent letter and presentation to the board of Goodyear.
  • ACV Auctions Inc. (NASDAQ:ACVA) gained 15.3% to $15.75 after the company reported better-than-expected Q1 results.
  • NeoGames S.A. (NASDAQ:NGMS) rose 14.4% to $15.10 following upbeat quarterly earnings.
  • Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) climbed 14.1% to $4.6108 after the company posted strong Q1 results and raised guidance.
  • Dada Nexus Limited (NASDAQ:DADA) rose 14.1% to $6.57 following strong quarterly results.
  • CIRCOR International, Inc. (NYSE:CIR) gained 14% to $30.61 after the company reported better-than-expected Q1 financial results. Also, the company reported Q1 orders increased by 9% year-over-year.
  • Arcturus Therapeutics Holdings Inc. (NASDAQ:ARCT) rose 13.2% to $33.29 after HC Wainwright upgraded the stock from Neutral to Buy and announced a $51 price target
  • Teekay Corporation (NYSE:TK) jumped 11.8% to $6.07 after the company reported higher year-over-year Q1 earnings and sales.
  • Corsair Gaming, Inc. (NASDAQ:CRSR) gained 11.4% to $19.50 following strong quarterly results.
  • Traeger, Inc. (NYSE:COOK) rose 11.4% to $3.41 after the company reported better-than-expected Q1 financial results and issued FY23 guidance.
  • Unity Software Inc. (NYSE:U) climbed 10.8% to $31.89 after the company reported better-than-expected Q1 results and issued strong Q2 guidance.
  • STERIS plc (NYSE:STE) gained 10.1% to $208.59 after the company reported better-than-expected Q4 results.
  • Herbalife Ltd. (NYSE:HLF) rose 9.1% to $14.98. Herbalife recently said it is not providing guidance due to continued dynamic macroeconomic backdrop.
  • Tapestry, Inc. (NYSE:TPR) gained 7.3% to $39.85 after the company reported better-than-expected Q3 financial results and issued FY23 EPS and revenue guidance above estimates.
  • Inter & Co, Inc. (NASDAQ:INTR) rose 7.1% to $2.3237.

Read More: Dow Drops 1%; US Producer Prices Rise In April

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