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Quest Diagnostics Posts Upbeat Results, Joins GM, Philip Morris And Other Big Stocks Moving Higher On Tuesday

Benzinga ·  Oct 23 00:23

U.S. stocks were lower, with the Dow Jones index falling around 50 points on Tuesday.

Shares of Quest Diagnostics Incorporated (NYSE:DGX) rose sharply during Tuesday's session after the company reported better-than-expected third-quarter financial results and issued FY24 revenue guidance above estimates.

Quest Diagnostics posted third-quarter adjusted earnings per share of $2.30, beating the consensus of $2.26. Sales increased 8.5% year-over-year to $2.49 billion, beating the consensus of $2.42 billion

Quest Diagnostics shares jumped 7.1% to $157.87 on Tuesday.

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

  • iRhythm Technologies, Inc. (NASDAQ:IRTC) shares gained 19.5% to $74.20 after the company announced that it was granted FDA clearance for its 510(k) submission related to prior design changes made to the Zio AT device.
  • IGM Biosciences, Inc. (NASDAQ:IGMS) surged 16.6% to $18.28.
  • Mueller Industries, Inc. (NYSE:MLI) climbed 16% to $83.59 after the company reported better-than-expected third-quarter sales results.
  • Top Wealth Group Holding Limited (NASDAQ:TWG) rose 14.6% to $8.89. Top Wealth Group Holding announced closing of $10.8 million public offering of ordinary shares.
  • Dogness (International) Corporation (NASDAQ:DOGZ) gained 13.5% to $55.50.
  • Herc Holdings Inc. (NYSE:HRI) gained 12.3% to $189.93 after the company reported better-than-expected third-quarter revenue results and raised its FY24 equipment rental revenue growth outlook.
  • Rumble Inc. (NASDAQ:RUM) rose 11.3% to $6.24.
  • SunCar Technology Group Inc. (NASDAQ:SDA) rose 10.8% to $10.17.
  • General Motors Company (NYSE:GM) gained 9.1% to $53.40 after the company reported its third-quarter results.
  • Philip Morris International Inc. (NYSE:PM) rose 8.1% to $128.57 after the company reported better-than-expected third-quarter adjusted EPS and sales.
  • Grindr Inc. (NYSE:GRND) gained 8.1% to $13.75.
  • Zions Bancorporation, National Association (NASDAQ:ZION) gained 6.3% to $52.53 after the company reported better-than-expected third-quarter financial results.

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