Robinhood, Gilead Sciences, Crocs, Lincoln Electric, HubSpot, GE HealthCare And Other Big Stocks Moving Higher On Thursday

U.S. stocks were higher, with the Nasdaq Composite gaining around 100 points on Thursday.

Shares of Robinhood Markets, Inc. HOOD rose sharply during Thursday’s session after the company reported better-than-expected fourth-quarter financial results.

Robinhood reported fourth-quarter revenue of $1.01 billion, up 115% year-over-year and a new company record. The revenue figure beat a Street consensus estimate of $944.62 million, according to data from Benzinga Pro. The company reported record quarterly earnings per share of $1.01, beating a Street consensus estimate of 43 cents per share.

Robinhood shares jumped 11.9% to $62.56 on Thursday.

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

• AppLovin Corporation APP shares jumped 33.7% to $509.14 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter revenue guidance above estimates.
• Dutch Bros Inc. BROS gained 30.6% to $84.55 following better-than-expected quarterly financial results. D Securities and Wedbush raised their respective price targets on the stock.
• SBC Medical Group Holdings Incorporated SBC gained 28.5% to $6.63. The company recently announced it will invest one billion yen into Bitcoin.
• Pagaya Technologies Ltd. PGY climbed 27% to $14.97 following upbeat quarterly results.
• Aurora Innovation, Inc. AUR shares jumped 22% to $7.89 following quarterly results.
• DNOW Inc. DNOW shares gained 21.9% to $17.20 following strong quarterly earnings.
• The Manitowoc Company, Inc. MTW shares jumped 20.3% to $11.76 following fourth-quarter results.
• Sable Offshore Corp. SOC gained 19.5% to $29.25.
• Corsair Gaming, Inc. CRSR gained 18.7% to $11.80 after reporting upbeat quarterly results.
• Iridium Communications Inc. IRDM rose 18.7% to $32.99 after the company reported better-than-expected quarterly financial results.
• Crocs, Inc. CROX gained 18.4% to $105.20 following strong fourth-quarter earnings and upbeat guidance.
• Palomar Holdings, Inc. PLMR rose 16% to $126.48 following upbeat earnings.
• MGM Resorts International MGM gained 14.3% to $39.27 after the company reported better-than-expected quarterly financial results.
• Lincoln Electric Holdings, Inc. LECO rose 13.3% to $219.72 following better-than-expected Q4 financial results.
• Hims & Hers Health, Inc. HIMS gained 13.3% to $52.40.
• Intel Corporation INTC rose 9.9% to $24.71.
• Service Corporation International SCI rose 9.3% to $83.12 following better-than-expected Q4 financial results.
• Sony Group Corporation SONY gained 9% to $23.95 after the company reported a year-over-year increase in third-quarter financial results.
• HubSpot, Inc. HUBS gained 7.7% to $846.00 following stronger-than-expected results.
• GE HealthCare Technologies Inc. GEHC gained 7.1% to $92.03 after the company reported better-than-expected fourth-quarter adjusted EPS results and issued FY25 adjusted EPS guidance with its midpoint above estimates.
• Tyler Technologies, Inc. TYL gained 6.3% to $648.75 following quarterly results.

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