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Knight-Swift Transportation Posts Upbeat Earnings, Joins TAL Education, LSI Industries, GE Aerospace And Other Big Stocks Moving Higher On Thursday

Benzinga ·  Jan 23 14:57

U.S. stocks were mixed, with the Dow Jones index gaining around 100 points on Thursday.

Shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) rose sharply during Thursday's session as the company reported better-than-expected fourth-quarter adjusted earnings results.

Knight-Swift reported quarterly earnings of 36 cents per share which beat the analyst consensus estimate of 33 cents per share. The company reported quarterly sales of $1.86 billion which missed the analyst consensus estimate of $1.88 billion.

Knight-Swift Transportation shares gained 5% to $57.77 on Thursday.

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

  • Precigen, Inc. (NASDAQ:PGEN) shares surged 20.3% to $1.3600. HC Wainwright & Co. analyst Swayampakula Ramakanth reiterated Precigen with a Buy and raised the price target from $4 to $6.
  • Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) rose 15.4% to $3.7149 as the company provided a positive update on strategic metrics for the three-month period ending December 31, 2024.
  • MicroVision, Inc. (NASDAQ:MVIS) climbed 15.4% to $1.8350.
  • TAL Education Group (NYSE:TAL) gained 15.3% to $10.53 after the company reported better-than-expected third-quarter financial results.
  • LSI Industries Inc. (NASDAQ:LYTS) shares jumped 15% to $22.73 after the company reported better-than-expected second-quarter financial results.
  • OSI Systems, Inc. (NASDAQ:OSIS) gained 13.8% to $192.43 following upbeat quarterly results.
  • Himax Technologies, Inc. (NASDAQ:HIMX) shares rose 11.3% to $11.04.
  • MarineMax, Inc. (NYSE:HZO) jumped 9.7% to $30.67 after the company reported better-than-expected quarterly adjusted EPS results.
  • Blaize Holdings, Inc. (NASDAQ:BZAI) shares gained 9.5% to $6.92.
  • GE Aerospace (NYSE:GE) gained 9.1% to $205.55 following better-than-expected quarterly earnings.
  • WNS (Holdings) Limited (NYSE:WNS) rose 8.4% to $53.68 following strong quarterly sales.
  • Guidewire Software, Inc. (NYSE:GWRE) gained 7.5% to $197.19. Guidewire Software will replace Arrowhead Pharmaceuticals in the S&P MidCap 400, effective prior to opening of trading on Jan. 27.

Now Read This:

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