U.S. stocks were lower, with the Nasdaq Composite falling around 100 points on Thursday.
Shares of Deere & Company (NYSE:DE) rose sharply during Wednesday's session following better-than-expected quarterly results.
Deere posted quarterly earnings of $6.64 per share, beating market estimates of $5.59 per share. The company's quarterly sales came in at $12.76 billion versus expectations of $10.79 billion.
Deere shares jumped 4.9% to $521.76 on Thursday.
Here are some other big stocks recording gains in today’s session.
- Foot Locker, Inc. (NYSE:FL) shares gained 82.7% to $23.51 after DICK’s Sporting Goods agreed to acquire the company. Also, the company issued preliminary Q1 non-GAAP EPS results.
- Ibotta, Inc. (NYSE:IBTA) jumped 20.8% to $60.57 after the company reported better-than-expected first-quarter financial results and Needham raised its price target on the stock from $60 to $70.
- Boot Barn Holdings, Inc. (NYSE:BOOT) gained 17% to $154.79 after the company issued first-quarter guidance with its midpoint above estimates and announced a $200 million share repurchase program.
- DLocal Limited (NASDAQ:DLO) gained 15.7% to $11.79 after the company reported better-than-expected first-quarter EPS and sales.
- NV5 Global, Inc. (NASDAQ:NVEE) rose 15.4% to $21.76 after the company announced a merger agreement with Acuren.
- Gaotu Techedu Inc. (NYSE:GOTU) gained 15.3% to $4.38 after the company reported a year-over-year increase in first-quarter sales results.
- Regencell Bioscience Holdings Limited (NASDAQ:RGC) rose 13.7% to $390.00.
- VEON Ltd. (NASDAQ:VEON) rose 13.3% to $55.46 after the company reported better-than-expected first-quarter EPS and sales.
- NetEase, Inc. (NASDAQ:NTES) gained 13.1% to $121.13 after the company reported better-than-expected first-quarter earnings and sales.
- Nextracker Inc. (NASDAQ:NXT) rose 11.6% to $61.42 following upbeat quarterly results.
- STERIS plc (NYSE:STE) gained 7.8% to $245.31 following strong quarterly earnings.
- Cisco Systems, Inc. (NASDAQ:CSCO) jumped 5.7% to $64.81 after the company reported better-than-expected third-quarter financial results and raised its FY25 guidance.
Now Read This:
- Jim Cramer: SoFi Goes To ‘New Highs,’ Recommends Not Buying This Health Care Stock
Photo via Shutterstock