U.S. stocks were slightly lower, with the Dow Jones index falling around 0.1% on Wednesday.
Shares of HEICO Corporation (NYSE:HEI) rose sharply during Wednesday's session following better-than-expected quarterly results.
Heico reported quarterly earnings of $1.12 per share which beat the analyst consensus estimate of $1.03 per share. The company reported quarterly sales of $1.10 billion which beat the analyst consensus estimate of $1.06 billion.
HEICO shares surged 7.2% to $293.77 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- LiveWire Group, Inc. (NASDAQ:LVWR) surged 30% to $3.33 after jumping 153% on Tuesday.
- Monro, Inc. (NASDAQ:MNRO) gained 29% to $16.47 after the company reported a fourth-quarter revenue beat and approved a first-quarter cash dividend of $0.28 per share. Additionally, the company announced it has conducted a store portfolio review and has identified 145 underperforming locations for closure.
- Abercrombie & Fitch Co. (NYSE:ANF) shares jumped 26.8% to $97.88 after the company reported better-than-expected quarterly financial results.
- iTeos Therapeutics, Inc. (NASDAQ:ITOS) gained 26.3% to $10.77 after the company announced it is looking to wind down operations and is exploring asset sales.
- Joby Aviation, Inc. (NYSE:JOBY) rose 23.5% to $8.49 after the company completed a round of raising capital, which included a $250 million investment from Toyota Motor.
- CytomX Therapeutics, Inc. (NASDAQ:CTMX) jumped 16.3% to $2.4700.
- Box, Inc. (NYSE:BOX) gained 15.3% to $36.25 after the company reported better-than-expected first-quarter financial results and raised its FY26 guidance.
- Vail Resorts, Inc. (NYSE:MTN) rose 13.7% to $172.50 after JP Morgan upgraded the stock from Underweight to Neutral.
- AnaptysBio, Inc. (NASDAQ:ANAB) gained 10.7% to $22.29. Guggenheim analyst Yatin Suneja maintained AnaptysBio with a Buy and raised the price target from $54 to $90.
- EyePoint Pharmaceuticals, Inc. (NASDAQ:EYPT) shares rose 10.6% to $6.59.
- Conduent Incorporated (NASDAQ:CNDT) gained 6.9% to $2.2450.
- Unity Software Inc. (NYSE:U) rose 6.5% to $23.24.
- Capri Holdings Limited (NYSE:CPRI) gained 5% to $18.39 following strong quarterly sales.
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