U.S. stocks traded higher, with the Dow Jones index gaining around 50 points on Friday.
Shares of World Acceptance Corporation WRLD soared following upbeat quarterly results.
World Acceptance posted quarterly earnings of $2.84 per share, surpassing market estimates of $1.88 per share. The company’s quarterly sales came in at $137.75 million versus expectations of $130.58 million.
World Acceptance shares surged 10.2% to $134.00 on Friday.
Here are some other big stocks recording gains in today’s session.
- Kaman Corporation KAMN shares gained 101.3% to $45.14 after the company’s major acquisition announcement.
- Edgewise Therapeutics, Inc. EWTX jumped 37.3% to $13.30 after the company announced its significant underwritten offering.
- Tricon Residential Inc. TCN shares rose 28.2% to $11.06 following a buyout arrangement agreement.
- Spirit Airlines, Inc. SAVE climbed 24% to $7.06 after the company shared its positive financial estimates and merger agreement details.
- Super Micro Computer, Inc. SMCI gained 23.1% to $383.31 after the company announced updated financial guidance for the second-quarter.
- Silk Road Medical, Inc. SILK shares rose 13.1% to $14.91 following an analyst upgrade.
- Wayfair Inc. W surged 11.6% to $56.81 after the company announced a workforce realignment plan.
- NewAmsterdam Pharma Company N.V. NAMS gained 10.5% to $19.44.
- Ally Financial Inc. ALLY surged 9.4% to $35.15 following positive quarterly sales and acquisition news.
- MacroGenics, Inc. MGNX rose 7.7% to $11.59.
- Fiverr International Ltd. FVRR rose 6.9% to $26.41 following an analyst upgrade.
- Plug Power Inc. PLUG gained 6.4% to $2.5750.
- WNS (Holdings) Limited WNS gained 4.4% to $65.71 following a positive analyst review.
- State Street Corporation STT rose 4.3% to $77.51 after the company reported better-than-expected financial results and a repurchase authorization.
- Texas Instruments Incorporated TXN gained 3.8% to $173.18 following an analyst upgrade.
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