AeroVironment Posts Better-Than-Expected Earnings, Joins QuantumScape, Bumble, BlackBerry And Other Big Stocks Moving Higher On Wednesday
Benzinga
Yesterday
U.S. stocks were mixed, with the Dow Jones index falling around 0.2% on Wednesday.
Shares of AeroVironment, Inc. (NASDAQ:AVAV) rose sharply during Wednesday's session after the company reported better-than-expected quarterly financial results.
AeroVironment reported quarterly earnings of $1.61 per share, which beat the $1.42 analyst consensus estimate, according to data from Benzinga Pro. Quarterly revenue came in at $275.05 million, beating the Street estimate of $242.69 million.
AeroVironment shares jumped 24% to $239.57 on Wednesday.
Here are some other big stocks recording gains in today’s session.
Nektar Therapeutics (NASDAQ:NKTR) shares jumped 34.1% to $32.81. Nektar Therapeutics recently announced data from the 16-week induction period of the ongoing Phase 2b REZOLVE-AD study of investigational rezpegaldesleukin.
QuantumScape Corporation (NYSE:QS) gained 31.6% to $5.70 after the company achieved a key 2025 milestone by successfully integrating its advanced Cobra separator process into baseline cell production.
Bumble Inc. (NASDAQ:BMBL) jumped 19.9% to $6.24. 19.7% to $6.24 after the company announced it is reducing the size of its team.
Liminatus Pharma, Inc. (NASDAQ:LIMN) rose 19.1% to $31.77.
UP Fintech Holding Limited (NASDAQ:TIGR) gained 18.1% to $9.60.
BlackBerry Limited (NYSE:BB) rose 16.3% to $5.03 after the company reported better-than-expected first-quarter financial results and raised its FY26 sales guidance.
Yatsen Holding Limited (NYSE:YSG) gained 15.1% to $11.12.
Chime Financial, Inc. (NASDAQ:CHYM) rose 13% to $32.77.
TMC the metals company Inc. (NASDAQ:TMC) gained 9.8% to $7.26 after Wedbush upgraded the stock from Neutral to Outperform and raised its price target from $6 to $11.
Symbotic Inc. (NASDAQ:SYM) rose 9.5% to $35.25.
Light & Wonder, Inc. (NASDAQ:LNW) gained 9.1% to $93.65.
Korea Electric Power Corporation (NYSE:KEP) rose 8.6% to $13.70.
TTM Technologies, Inc. (NASDAQ:TTMI) gained 6% to $40.12.
Super Micro Computer, Inc. (NASDAQ:SMCI) jumped 5.5% to $45.18.
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