U.S. stocks were higher, with the Nasdaq Composite gaining around 200 points on Thursday.

Shares of HubSpot, Inc. (NYSE:HUBS) rose sharply during Thursday's session after the company reported better-than-expected third-quarter financial results and issued FY24 guidance above estimates.

HubSpot reported quarterly earnings of $2.22 per share, which beat the analyst consensus estimate of $1.91. Quarterly revenue clocked in at $669.7 million which beat the analyst consensus estimate of $646.9 million and is an increase over sales of $557.55 million from the same period last year.

HubSpot shares jumped 7.9% to $645.11 on Thursday.

Here are some other big stocks recording gains in today's session.

• AppLovin Corporation (NASDAQ:APP) shares jumped 47% to $247.63 after the company reported better-than-expected third-quarter financial results.
• Dutch Bros Inc. (NYSE:BROS) surged 39% to $48.57 following third-quarter earnings.
• Emergent BioSolutions Inc. (NYSE:EBS) gained 34.8% to $12.40 after the company announced it evaluated the safety and efficacy of its new clinical trial of Brincidofovir in treating Mpox across Africa. PANTHER will conduct a clinical trial under The Leadership of Africa Centres for Disease Control and Prevention.
• FARO Technologies, Inc. (NASDAQ:FARO) gained 32.8% to $25.07 following third-quarter results.
• Under Armour, Inc. (NYSE:UAA) gained 32.7% to $11.61 after the company reported better-than-expected quarterly EPS and sales.
• Lyft, Inc. (NASDAQ:LYFT) gained 28.2% to $18.46 after the company reported better-than-expected quarterly financial results.
• Freshworks Inc. (NASDAQ:FRSH) jumped 26.2% to $16.51 following upbeat quarterly results.
• Wolverine World Wide, Inc. (NYSE:WWW) jumped 26.2% to $20.25 following strong quarterly results.
• Zillow Group, Inc. (NASDAQ:ZG) gained 22.4% to $68.66 after the company reported better-than-expected quarterly financial results.
• IonQ, Inc. (NYSE:IONQ) rose 21.4% to $19.98 following third-quarter results.
• Clearwater Analytics Holdings, Inc. (NYSE:CWAN) gained 20.9% to $34.56 following better-than-expected quarterly earnings.
• Hanesbrands Inc. (NYSE:HBI) gained 17% to $8.32 following upbeat earnings.
• e.l.f. Beauty, Inc. (NYSE:ELF) rose 16% to $120.80 following stronger-than-expected quarterly earnings.
• Guardant Health, Inc. (NASDAQ:GH) gained 15.5% to $29.20 after the company reported better-than-expected third-quarter financial results and raised its FY24 revenue guidance above estimates.
• Kyndryl Holdings, Inc. (NYSE:KD) gained 15.3% to $27.81 after reporting upbeat quarterly results.
• Warner Bros. Discovery, Inc. (NYSE:WBD) surged 14.7% to $9.61 following third-quarter earnings.
• EPAM Systems, Inc. (NYSE:EPAM) gained 13.7% to $230.60 after the company reported better-than-expected third-quarter financial results and issued FY24 guidance above estimates.
• McKesson Corporation (NYSE:MCK) rose 10.4% to $606.61 as the company reported better-than-expected second-quarter financial results.
• Mobileye Global Inc. (NASDAQ:MBLY) gained 9.7% to $16.95.
• The Estée Lauder Companies Inc. (NYSE:EL) gained 6.6% to $67.46.
• Arm Holdings plc (NYSE:ARM) gained 5.4% to $152.43 following second-quarter results.

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