U.S. stocks were lower, with the Dow Jones index falling around 100 points on Thursday.
Shares of Zoom Video Communications, Inc. (NASDAQ:ZM) rose sharply during Thursday's session following better-than-expected reported second-quarter financial results.
Zoom reported quarterly earnings of $1.39 per share which beat the analyst consensus estimate of $1.21 by 14.88%. Quarterly revenue of $1.16 billion also beat the consensus estimate and is a 2.09% increase from the same period last year.
Zoom Video shares jumped 12.2% to $67.62 on Thursday.
Here are some other big stocks recording gains in today's session.
- Peloton Interactive, Inc. (NASDAQ:PTON) shares jumped 27% to $4.27 after reporting better-than-expected second-quarter financial results.
- Rezolve AI Limited (NASDAQ:RZLV) gained 21% to $10.70 after the company announced a partnership with ePages.
- Opera Limited (NASDAQ:OPRA) rose 16.7% to 14.99 after the company reported better-than-expected second-quarter financial results. Also, the company issued FY24 revenue guidance above estimates.
- EHang Holdings Limited (NASDAQ:EH) gained 14.6% to $14.30 after the company reported better-than-expected second-quarter financial results.
- Grifols, S.A. (NASDAQ:GRFS) rose 11.5% to $8.55.
- Olaplex Holdings, Inc. (NASDAQ:OLPX) rose 11.4% to $2.44.
- Calumet, Inc. (NASDAQ:CLMT) gained 11.4% to $19.53.
- QXO, Inc. (NASDAQ:QXO) gained 10.2% to $14.89.
- OSI Systems, Inc. (NASDAQ:OSIS) rose 8.6% to $157.00 after the company reported better-than-expected fourth-quarter financial results and issued FY25 guidance above estimates.
- Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) gained 8.6% to $8.93.
- Opendoor Technologies Inc. (NASDAQ:OPEN) rose 8.5% to $2.18.
- Redfin Corporation (NASDAQ:RDFN) rose 7% to $9.66.
- MINISO Group Holding Limited (NASDAQ:MNSO) gained 4.7% to $16.14.
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