U.S. stocks were lower, with the Dow Jones index falling around 300 points on Friday.
Shares of Despegar.com, Corp. (NYSE:DESP) rose sharply during Friday's session after the company reported better-than-expected third-quarter sales.
The company said it sees FY24 revenue of at least $760 million and adjusted EBITDA of at least $170 million
Despegar.com shares jumped 19.1% to $17.70 on Friday.
Here are some other big stocks recording gains in today's session.
- Bloom Energy Corporation (NYSE:BE) shares jumped 43% to $18.98. Bloom Energy announced a 1 GW fuel cell deal with AEP, providing clean power for AI Data Centers.
- Red Cat Holdings, Inc. (NASDAQ:RCAT) gained 22.3% to $4.9200.
- Intuitive Machines, Inc. (NASDAQ:LUNR) gained 13% to $11.56. The company reported third-quarter results on Thursday.
- Century Aluminum Company (NASDAQ:CENX) rose 12.6% to $23.77.
- COMPASS Pathways plc (NASDAQ:CMPS) jumped 12.5% to $5.50.
- Lifeway Foods, Inc. (NASDAQ:LWAY) gained 11% to $24.85. The company reported quarterly results on Thursday.
- Kingsoft Cloud Holdings Limited (NASDAQ:KC) rose 10.3% to $5.13. Kingsoft Cloud Holdings will release its unaudited financial results for the third quarter before the open of U.S. markets on Tuesday, Nov. 19.
- Alcoa Corporation (NYSE:AA) gained 7.7% to $44.40.
- Zai Lab Limited (NASDAQ:ZLAB) shares rose 6.3% to $28.34. The company priced a $200 million public offering of 7,843,137 shares at $25.50 per ADS.
- Palantir Technologies Inc. (NYSE:PLTR) gained 6% to $62.72 after the company announced it will transfer its stock exchange listing over to the Nasdaq.
- The Walt Disney Company (NYSE:DIS) rose 3% to $112.38. The company reported quarterly results on Thursday.
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