Bumble, Lightwave Logic, Profrac Holding And Other Big Stocks Moving Higher On Thursday

U.S. stocks were lower, with the Dow Jones index falling more than 600 points on Thursday.

Shares of Bumble Inc (NASDAQ:BMBL) rose sharply during Thursday's session after the company reported fourth-quarter financial results and issued upbeat guidance on Wednesday after the market closed.

Bumble reported quarterly losses of $4.06 per share, which missed the analyst consensus for earnings of 24 cents. Quarterly revenue came in at $224.17 million, which beat the Street consensus estimate of $221.3 million.

Bumble shares jumped 38.9% to $3.94 on Thursday.

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

• Lightwave Logic Inc (NASDAQ:LWLG) shares jumped 44% to $7.24 after the company announced a development agreement with Tower Semiconductor for high-speed optical modulators on Tower’s PH18 silicon photonics platform.
• Petco Health and Wellness Company Inc (NASDAQ:WOOF) jumped 32.1% to $3.17 after the company reported better-than-expected quarterly sales results.
• Himax Technologies Inc (NASDAQ:HIMX) gained 27.5% to $11.65 after Hunterbrook Media published a report on the company.
• Battalion Oil Corp (NYSE:BATL) rose 18.3% to $23.02 amid an escalating U.S., Israel and Iran conflict, which remains the main catalyst.
• Profrac Holding Corp (NASDAQ:ACDC) gained 14.2% to $6.69 following strong quarterly sales.
• BitFuFu Inc (NASDAQ:FUFU) rose 13.7% to $2.33.
• Freecast Inc (NASDAQ:CAST) gained 13.4% to $9.07.
• Firefly Aerospace Inc (NASDAQ:FLY) gained 12.6% to $23.20 after the company announced the successful launch of its Alpha Flight 7 Stairway to Seven mission with a Lockheed Martin payload.
• CF Industries Holdings, Inc. (NYSE:CF) shares jumped 7.7% to $129.41.
• Abivax SA (NASDAQ:ABVX) gained 6.7% to $119.84.
• Celanese Corp (NYSE:CE) rose 5.8% to $55.00.
• Dow Inc (NYSE:DOW) gained 5.7% to $36.36.

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