Stitch Fix, Intel, KLA And Other Big Stocks Moving Higher On Thursday

U.S. stocks were higher, with the Dow Jones index gaining over 350 points on Thursday.

Shares of Stitch Fix Inc (NASDAQ:SFIX) rose sharply after the company reported better-than-expected third-quarter financial results.

Stitch Fix reported a loss of 1 cent per share, beating the consensus estimate of a 6 cent-loss. In addition, it reported revenue of $340.27 million, beating the consensus estimate of $331.43 million.

Stitch Fix shares jumped 15.8% to $4.17 on Thursday.

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

• Velo3D Inc (NASDAQ:VELO) shares jumped 18.3% to $26.83. Velo3D named former Fremont Mayor Lily Mei as Independent Director to Board of Directors.
• Virgin Galactic Holdings Inc (NYSE:SPCE) jumped 16% to $5.43.
• InterDigital Inc (NASDAQ:IDCC) gained 15.2% to $292.50. InterDigital and Amazon entered into new video services and devices license agreement.
• Enliven Therapeutics Inc (NASDAQ:ELVN) rose 15% to $42.64 after the company announced efficacy Phase 1 data for ELVN-001 in patients with chronic myeloid leukemia.
• Satellogic Inc (NASDAQ:SATL) gained 12.5% to $7.07.
• Syntec Optics Holdings Inc (NASDAQ:OPTX) gained 12.1% to $14.35.
• ChipMOS Technologies Inc – ADR (NASDAQ:IMOS) rose 11.7% to $61.60. ChipMOS reported May sales of $76 million, up 17.7% year over year.
• Navan Inc (NASDAQ:NAVN) gained 11.3% to $23.24 after the company reported better-than-expected quarterly financial results and raised its FY27 sales guidance above estimates.
• Voyager Technologies Inc (NYSE:VOYG) gained 11.1% to $45.86.
• Intel Corp (NASDAQ:INTC) gained 11.1% to $118.96 after B of A Securities upgraded its rating on the stock from Underperform to Buy and raised its price target from $96 to $135.
• Credo Technology Group Holding Ltd (NASDAQ:CRDO) gained 10.3% to $262.12.
• Intuitive Machines Inc (NASDAQ:LUNR) gained 10.1% to $29.21.
• Telecom Argentina SA (NYSE:TEO) gained 9.2% to $15.54.
• KLA Corp (NASDAQ:KLAC) rose 8.8% to $2,324.10 after Barclays maintained its Overweight rating on the stock and raised its price target from $1,700 to $2,250.
• Astera Labs, Inc (NASDAQ:ALAB) rose 8.4% to $358.75.
• Tower Semiconductor Ltd (NASDAQ:TSEM) surged 8.4% to $253.25.
• Arm Holdings PLC – ADR (NASDAQ:ARM) gained 8.4% to $333.22 after B of A Securities maintained its Neutral rating on the stock and raised its price target from $245 to $335.
• SanDisk Corp (NASDAQ:SNDK) climbed 7.7% to $1,771.18.

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