Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Clorox Posts Upbeat Earnings, Joins Cigna, Deckers Outdoor And Other Big Stocks Moving Higher On Friday

Published 02/02/2024, 15:35
Updated 02/02/2024, 16:40
© Reuters.  Clorox Posts Upbeat Earnings, Joins Cigna, Deckers Outdoor And Other Big Stocks Moving Higher On Friday

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

U.S. stocks traded mixed, with the Dow Jones falling over 100 points on Friday.

Shares of The Clorox Company (NYSE: CLX) shares gained during Friday’s session after the company reported better-than-expected second-quarter financial results and raised FY24 adjusted EPS guidance above estimates.

Clorox shares rose 4.6% to $154.77 on Friday.

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

  • Tyra Biosciences, Inc. (NASDAQ: TYRA) shares rose 21.8% to $15.84. Tyra Biosciences, announced a $200 million private placement financing.
  • Meta Platforms, Inc. (NASDAQ: META) climbed 18.9% to $469.34 as the company reported upbeat fourth-quarter financial results and initiated a quarterly dividend of 50 cents per share.
  • Deckers Outdoor Corporation (NYSE: DECK) gained 14% to $879.03 after reporting better-than-expected third-quarter financial results.
  • Gaotu Techedu Inc. (NYSE: GOTU) rose 12.5% to $4.11.
  • PropertyGuru Group Limited (NYSE: PGRU) climbed 11.6% to $3.57.
  • Nayax Ltd. (NASDAQ: NYAX) gained 9.2% to $26.47.
  • Applied Optoelectronics, Inc. (NASDAQ: AAOI) rose 8.4% to $17.90. Applied Optoelectronics is expected to release financial results for its fourth quarter on Feb. 22, 2024.
  • AppLovin Corporation (NASDAQ: APP) gained 8% to $44.25.
  • Clearfield, Inc. (NASDAQ: CLFD) gained 7.3% to $28.03 following upbeat results.
  • KB Financial Group Inc. (NYSE: KB) gained 6.5% to $49.41.
  • Amazon.com, Inc. (NASDAQ: AMZN) shares surged 6.2% to $169.20 after the company posted stronger-than-expected results for its fourth quarter. The company said it sees first-quarter revenue to be between $138 billion and $143.5 billion versus estimates of $142.13 billion. Operating income is expected to be between $8 billion and $12 billion in the first quarter.
  • Shopify Inc. (NYSE: SHOP) gained 5.9% to $81.25. Wells Fargo analyst Andrew Bauch maintained Shopify with an Overweight and raised the price target from $70 to $90.
  • The Cigna Group (NYSE: CI) rose 5.7% to $324.87 after the company reported better-than-expected fourth-quarter results and issued a strong revenue outlook. The company also raised its dividend.
  • Snowflake Inc. (NYSE: SNOW) gained 5% to $209.96 after Raymond James raised its price target on the stock from $190 to $223.
  • LPL Financial Holdings Inc. (NASDAQ: LPLA) gained 5% to $252.46 following strong earnings.
  • Piper Sandler Companies (NYSE: PIPR) climbed 4.6% to $185.52 following upbeat results.
  • SkyWest, Inc. (NASDAQ: SKYW) gained 4.1% to $56.30. Raymond James analyst Savanthi Syth maintained SkyWest with an Outperform and raised the price target from $55 to $65.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Now Read This: Top 4 Health Care Stocks That May Crash This Quarter

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.