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GE Vernova Posts Better-Than-Expected Earnings, Joins Thermo Fisher Scientific, Lennox International, General Dynamics And Other Big Stocks Moving Higher On Wednesday

Benzinga·07/23/2025 15:00:07
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U.S. stocks were higher, with the Dow Jones index gaining around 200 points on Wednesday.

Shares of GE Vernova Inc. (NYSE:GEV) rose sharply during Wednesday's session after the company posted better-than-expected second-quarter 2025 earnings and raised its full-year guidance.

The energy transition company reported second-quarter earnings per share of $1.86, beating the consensus estimate of $1.69. Revenue came in at $9.11 billion, exceeding Wall Street's expectations of $8.78 billion.

GE Vernova shares climbed 13.5% to $623.10 on Wednesday.

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

  • ABIVAX Société Anonyme (NASDAQ:ABVX) shares jumped 548% to $66.13 after the company announced that Obefazimod met all its key secondary endpoints. JMP Securities raised its price target on the stock from $33 to $39.
  • aTyr Pharma, Inc. (NASDAQ:ATYR) gained 31.7% to $6.90.
  • Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) rose 28% to $4.0050. Chardan Capital maintained a Buy rating on the stock.
  • Regencell Bioscience Holdings Limited (NASDAQ:RGC) gained 23% to $16.73.
  • Lamb Weston Holdings, Inc. (NYSE:LW) jumped 19.6% to $58.78 after the company reported better-than-expected fourth-quarter financial results.
  • Cal-Maine Foods, Inc. (NASDAQ:CALM) rose 19.2% to $124.93 after the company reported fourth-quarter financial results and beat its EPS and revenue estimates.
  • Vicor Corporation (NASDAQ:VICR) rose 18.7% to $53.66 following second-quarter results.
  • Liberty Energy Inc. (NYSE:LBRT) gained 18.5% to $13.34 after the company and Oklo announced an alliance to offer an integrated deployment strategy.
  • Humacyte, Inc. (NASDAQ:HUMA) rose 18% to $2.7150 after the company announced the first Symvess sale to a U.S. military treatment facility.
  • Valneva SE (NASDAQ:VALN) climbed 17.5% to $7.32.
  • Krispy Kreme, Inc. (NASDAQ:DNUT) gained 16.2% to $4.80. The stock's sudden rise appears to be driven by retail investors, with the company gaining increased attention on various social media platforms.
  • Toyota Motor Corporation (NYSE:TM) climbed 13.3% to $192.68. Shares of US-listed Japanese stocks traded higher after President Trump announced a trade deal with Japan.
  • Thermo Fisher Scientific Inc. (NYSE:TMO) rose 12.7% to $481.78 after the company reported better-than-expected quarterly financial results.
  • Honda Motor Co., Ltd. (NYSE:HMC) gained 12.5% to $34.19. Shares of US-listed Japanese stocks traded higher after President Trump announced a trade deal with Japan.
  • Pegasystems Inc. (NASDAQ:PEGA) rose 10% to $56.03 after the company reported second-quarter financial results and beat its adjusted EPS and revenue estimates.
  • Manhattan Associates, Inc. (NASDAQ:MANH) gained 10% to $223.06 after the company reported better-than-expected second-quarter financial results and raised its FY25 guidance above estimates.
  • Lennox International Inc. (NYSE:LII) jumped 10% to $682.00 following upbeat second-quarter results.
  • Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) jumped 9.8% to $16.43 fter the company issued a statement reaffirming the strength of its exclusive license and collaboration agreement with Sarepta Therapeutics.
  • Stellantis N.V. (NYSE:STLA) rose 9.6% to $10.16.
  • General Dynamics Corporation (NYSE:GD) gained 6.4% to $316.80 after the company reported better-than-expected second-quarter financial results.

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