Abercrombie & Fitch, Urban Outfitters, Photronics And Other Big Stocks Moving Higher On Wednesday

Benzinga ·  05/24 22:41

U.S. stocks traded lower, with the Dow Jones dropping around 200 points on Wednesday. Here are some big stocks recording gains in today's session.GigaCloud Technology Inc. (NASDAQ:GCT) shares surged 62.2% to $9.31 after the company reported a year-over-year increase in first-quarter financial results.Zura Bio Limited (NASDAQ:ZURA) shares climbed 36% to $7.28 after Raymond James initiated coverage on the stock with a Strong Buy rating and a $20 price target.Abercrombie & Fitch Co. (NYSE:ANF) rose 22.3% to $28.14 after the company reported better-than-expected Q1 sales results, raised FY23 net sales growth guidance and raised operating margin guidance.

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