U.S. stocks were higher, with the Dow Jones index gaining around 1,300 points on Wednesday.
Shares of Mercury Systems, Inc. (NASDAQ:MRCY) rose sharply during Wednesday's session after the company reported better-than-expected quarterly financial results.
Mercury Systems reported quarterly earnings of 4 cents per share which beat the analyst consensus estimate of a loss of 8 cents per share. The company reported quarterly sales of $204.431 million which beat the analyst consensus estimate of $181.772 million.
Mercury Systems shares jumped 16.7% to $39.90 on Tuesday.
Here are some other big stocks recording gains in today's session.
- The GEO Group, Inc. (NYSE:GEO) shares jumped 36.2% to $20.60.
- CoreCivic, Inc. (NYSE:CXW) shares gained 28.2% to $17.47.
- Cytek Biosciences, Inc. (NASDAQ:CTKB) jumped 28% to $6.96 following upbeat quarterly results.
- Treace Medical Concepts, Inc. (NASDAQ:TMCI) shares gained 26.3% to $7.22 following strong quarterly results.
- United Fire Group, Inc. (NASDAQ:UFCS) surged 23.3% to $24.58 following upbeat quarterly earnings.
- Revolve Group, Inc. (NYSE:RVLV) gained 19.8% to $31.18 following third-quarter results.
- Rayonier Advanced Materials Inc. (NYSE:RYAM) rose 19.8% to $9.75 after posting third-quarter results.
- Coinbase Global, Inc. (NASDAQ:COIN) gained 18.3% to $229.39.
- ArcBest Corporation (NASDAQ:ARCB) rose 16.6% to $121.35 following quarterly results.
- Kennametal Inc. (NYSE:KMT) gained 16.3% to $30.91 following better-than-expected quarterly earnings.
- Synchrony Financial (NYSE:SYF) gained 16.2% to $66.03.
- Evercore Inc. (NYSE:EVR) rose 15.4% to $313.80.
- Nucor Corporation (NYSE:NUE) surged 15.2% to $166.57.
- Piper Sandler Companies (NASDAQ:PIPR) rose 15.1% to $334.57.
- Robinhood Markets, Inc. (NASDAQ:HOOD) surged 14.9% to $28.68.
- Qualys, Inc. (NASDAQ:QLYS) gained 13.6% to $145.65 after the company reported better-than-expected third-quarter financial results and raised its FY24 guidance.
- Capital One Financial Corporation (NYSE:COF) gained 12.8% to $187.38.
- Steel Dynamics, Inc. (NASDAQ:STLD) surged 12.8% to $153.07.
- Tesla, Inc. (NASDAQ:TSLA) rose 12.6% to $282.93 following Trump win.
- The Goldman Sachs Group, Inc. (NYSE:GS) gained 12.4% to $592.23.
- CVS Health Corporation (NYSE:CVS) surged 10.7% to $61.26 following strong quarterly revenue.
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