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HubSpot Posts Better-Than-Expected Results, Joins Under Armour, Lyft, Wolverine World Wide, Zillow And Other Big Stocks Moving Higher On Thursday

Benzinga ·  Nov 8 00:01

Shares of $HubSpot (HUBS.US)$ rose sharply during Thursday's session after the company reported better-than-expected third-quarter financial results and issued FY24 guidance above estimates.

HubSpot reported quarterly earnings of $2.22 per share, which beat the analyst consensus estimate of $1.91. Quarterly revenue clocked in at $669.7 million which beat the analyst consensus estimate of $646.9 million and is an increase over sales of $557.55 million from the same period last year.

HubSpot shares jumped 7.9% to $645.11 on Thursday.

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

$Applovin (APP.US)$ shares jumped 47% to $247.63 after the company reported better-than-expected third-quarter financial results.

$Dutch Bros (BROS.US)$ surged 39% to $48.57 following third-quarter earnings.

$Emergent BioSolutions (EBS.US)$ gained 34.8% to $12.40 after the company announced it evaluated the safety and efficacy of its new clinical trial of Brincidofovir in treating Mpox across Africa. PANTHER will conduct a clinical trial under The Leadership of Africa Centres for Disease Control and Prevention.

$Faro Technologies (FARO.US)$ gained 32.8% to $25.07 following third-quarter results.

$Under Armour-A (UAA.US)$ gained 32.7% to $11.61 after the company reported better-than-expected quarterly EPS and sales.

$Lyft Inc (LYFT.US)$ gained 28.2% to $18.46 after the company reported better-than-expected quarterly financial results.

$Wolverine World Wide (WWW.US)$ jumped 26.2% to $20.25 following strong quarterly results.

$Zillow-C (Z.US)$ gained 22.4% to $68.66 after the company reported better-than-expected quarterly financial results.

$Clearwater Analytics (CWAN.US)$ gained 20.9% to $34.56 following better-than-expected quarterly earnings.

$Hanesbrands (HBI.US)$ gained 17% to $8.32 following upbeat earnings.

$e.l.f. Beauty (ELF.US)$ rose 16% to $120.80 following stronger-than-expected quarterly earnings.

$Guardant Health (GH.US)$ gained 15.5% to $29.20 after the company reported better-than-expected third-quarter financial results and raised its FY24 revenue guidance above estimates..

$Estee Lauder (EL.US)$ gained 6.6% to $67.46.

$Arm Holdings (ARM.US)$ gained 5.4% to $152.43 following second-quarter results.

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