U.S. stocks were mixed, with the Dow Jones index falling around 50 points on Thursday.
Shares of Advance Auto Parts, Inc. (NYSE:AAP) rose sharply during Thursday’s session following better-than-expected first-quarter financial results.
Advance Auto Parts posted quarterly adjusted earnings per share of 22 cents loss, beating the analyst consensus estimate of 82 cents loss. Quarterly sales of $2.583 billion (down 6.8% year over year) outpaced the Street view of $2.499 billion. Comparable store sales for the first quarter 2025 decreased 0.6%.
Advance Auto Parts shares jumped 44% to $45.06 on Thursday.
Here are some other big stocks recording gains in today’s session.
- Navitas Semiconductor Corporation (NASDAQ:NVTS) shares jumped 132% to $4.4412 after Nvidia selected the company to collaborate on 800V HVDC architecture. Additionally, Rosenblatt raised its price target on the stock from $4 to $6.
- Domo, Inc. (NASDAQ:DOMO) rose 31.1% to $11.21 after the company reported better-than-expected first-quarter financial results and raised its FY26 guidance.
- LiveRamp Holdings, Inc. (NYSE:RAMP) rose 24.8% to $35.04 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.
- Urban Outfitters, Inc. (NASDAQ:URBN) surged 21.1% to $72.17 following better-than-expected quarterly financial results.
- Cantor Equity Partners, Inc. (NASDAQ:CEP) gained 18.1% to $50.86.
- Snowflake Inc. (NYSE:SNOW) gained 9.5% to $196.19 after the company reported better-than-expected quarterly financial results.
- Garrett Motion Inc. (NASDAQ:GTX) rose 9.2% to $11.31. The company recently announced a secondary offering consisting of 17 million shares.
- SEALSQ Corp (NASDAQ:LAES) climbed 8.8% to $3.7550.
- Omnicell, Inc. (NASDAQ:OMCL) gained 8.7% to $29.73 after the company raised its second-quarter and FY25 adjusted EPS guidance and announced a new $75 million stock repurchase program.
- Next Technology Holding Inc. (NASDAQ:NXTT) rose 7.3% to $2.1250.
- Pitney Bowes Inc. (NYSE:PBI) gained 6% to $9.65 after the company announced a $150 million share repurchase program and a new CEO.
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