Daktronics, Photronics, Dave & Buster's Entertainment, GE Vernova And Other Big Stocks Moving Higher On Wednesday
Avi Kapoor 10 months ago
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U.S. stocks were mixed, with the Nasdaq Composite falling more than 100 points on Wednesday.
Shares of Daktronics, Inc. (NASDAQ:DAKT) rose sharply during Wednesday's session after the company reported better-than-expected quarterly financial results.
Daktronics reported quarterly earnings of 35 cents per share which beat the analyst consensus estimate of 27 cents per share. The company reported quarterly sales of $229.253 million which beat the analyst consensus estimate of $214.077 million.
Daktronics shares jumped 15.7% to $20.80 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Photronics, Inc. (NASDAQ:PLAB) shares jumped 44% to $37.00 after the company reported better-than-expected fourth-quarter results and issued first-quarter guidance above analyst estimates.
- Nextdoor Holdings, Inc. (NYSE:NXDR) gained 24.6% to $2.5050 after EMJ Capital’s Eric Jackson on social media posted that the company is “The Most Mispriced Agentic-AI Platform of the 2020s.”
- Braze, Inc. (NASDAQ:BRZE) rose 17.5% to $36.00 after the company raised its FY2026 adjusted EPS and sales guidance following better-than-expected third-quarter revenue.
- Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) jumped 14% to $20.50 following third-quarter results.
- SuperX AI Technology Limited (NASDAQ:SUPX) gained 13.8% to $19.63.
- GE Vernova Inc. (NYSE:GEV) rose 11.8% to $699.59 after the company raised its FY28 outlook and raised its dividend. Also, the company expanded its buyback authorization.
- DBV Technologies S.A. (NASDAQ:DBVT) gained 11.2% to $19.09.
- Warby Parker Inc. (NYSE:WRBY) rose 11% to $25.77.
- Dyne Therapeutics, Inc. (NASDAQ:DYN) gained 10.5% to $20.38 as the company announced pricing of upsized $350.0 million public offering of common stock.
- ABIVAX Société Anonyme (NASDAQ:ABVX) rose 8.6% to $133.24.
- Olema Pharmaceuticals, Inc. (NASDAQ:OLMA) gained 8.1% to $28.67.
- The Middleby Corporation (NASDAQ:MIDD) rose 6.3% to $137.15. Jefferies analyst Saree Boroditsky upgraded Middleby from Hold to Buy and raised the price target from $130 to $175.
- EchoStar Corporation (NASDAQ:SATS) gained 5.6% to $98.80 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $82 to $110.
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