U.S. stocks were lower, with the Dow Jones index falling around 100 points on Thursday.
Shares of G-III Apparel Group, Ltd. GIII gained 13.9% to $28.87 after the company reported better-than-expected fourth-quarter financial results and issued FY26 adjusted EPS guidance above estimates.
The company reported fourth-quarter sales growth of 9.8% year-on-year to $839.535 million, beating the analyst consensus estimate of $807.590 million. Adjusted EPS of $1.27 beat the consensus estimate of 97 cents.
Korn Ferry shares jumped 9.8% to $68.68 on Tuesday.
Here are some other big stocks recording gains in today's session.
- Aveanna Healthcare Holdings Inc. AVAH shares jumped 22.6% to $4.5850 after the company reported better-than-expected fourth-quarter sales results.
- MeiraGTx Holdings plc MGTX gained 19.4% to $7.66 after the company reported FY24 financial results.
- NextNav Inc. NN rose 17.7% to $12.10 following fourth-quarter results.
- Advantage Solutions Inc. ADV gained 15.4% to $1.9500.
- Intel Corporation INTC rose 15.4% to $23.87 as the company announced a new chief executive officer. The company said its board of directors has appointed Lip-Bu Tan, a former member of Intel’s board of directors, as chief executive officer, effective March 18.
- Claros Mortgage Trust, Inc. CMTG gained 13.1% to $3.8700.
- Legacy Housing Corporation LEGH rose 11.8% to $27.68 after reporting full year 2024 financial results.
- Fabrinet FN climbed 9.4% to $219.65 after the company entered an agreement with Amazon for warrant allowing up to 381,922 shares at $208.48 each.
- Pharming Group N.V. PHAR gained 9.3% to $8.70 after the company reported fourth-quarter financial results and beat its EPADS and sales estimates.
- D-Wave Quantum Inc. QBTS rose 9.2% to $6.36 as the company reported fourth-quarter adjusted earnings per share of 8 cents loss, missing the street view of 7 cents loss. Quarterly sales of $2.309 million (down 21% year over year), missing the analyst consensus estimate of $2.36 million.
- Allegro MicroSystems, Inc. ALGM gained 8% to $26.94. Allegro MicroSystems named Rick Madormo as Senior Vice President of Worldwide Sales.
- Ballard Power Systems Inc. BLDP rose 7.3% to $1.32 following fourth-quarter results.
- Dollar General Corporation DG gained 6.9% to $79.98 after the company reported better-than-expected quarterly sales results.
- Dollar Tree, Inc. DLTR gained 6.6% to $66.01.
- The AES Corporation AES rose 4% to $12.28. AES reported the pricing of $800 million of its 5.800% senior notes due 2032.
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