MGM Resorts, Madison Square Garden Entertainment, Cardiovascular Systems And Other Big Stocks Moving Higher On Thursday

Author: Lisa Levin | February 09, 2023 12:18pm

U.S. stocks traded higher, with the Dow Jones gaining around 150 points on Thursday. Here are some big stocks recording losses in today’s session.

• Cardiovascular Systems, Inc. (NASDAQ:CSII) shares climbed 48.6% to $19.78 following Q2 results. Abbott Laboratories agreed to acquire Cardiovascular Systems for $20 per share for an equity value of approximately $890 million.
• Blue Bird Corporation (NASDAQ:BLBD) gained 37.7% to $19.00 following upbeat quarterly sales.
• AppLovin Corporation (NASDAQ:APP) shares rose 29.8% to $16.46 after the company issued strong Q1 guidance.
• 23andMe Holding Co. (NASDAQ:ME) jumped 17.5% to $2.96 following strong quarterly sales.
• Sonos, Inc. (NASDAQ:SONO) gained 16.4% to $20.80 after the company reported better-than-expected Q1 results.
• QuinStreet, Inc. (NASDAQ:QNST) rose 16% to $16.93 following strong quarterly sales.
• Unity Software Inc. (NYSE:U) climbed 15.8% to $42.10. Unity Software's mobile game publishing solution Supersonic deepened its white box approach to game publishing with upgrades including level analytics, crash center checks, and a multi-platform marketability tool.
• Sonos, Inc. (NASDAQ:SONO) gained 15.6% to $20.65 after the company reported better-than-expected Q1 results.
• DHT Holdings, Inc. (NYSE:DHT) jumped 13.4% to $10.35 following strong quarterly results.
• Merus N.V. (NASDAQ:MRUS) jumped 13.2% to $18.13.
• FormFactor, Inc. (NASDAQ:FORM) gained 13% to $32.71 after the company reported better-than-expected Q4 results.
• Monolithic Power Systems, Inc. (NASDAQ:MPWR) gained 12.5% to $520.83 after the company reported better-than-expected Q4 EPS. The company issued Q1 revenue guidance with a midpoint above estimates.
• Maximus, Inc. (NYSE:MMS) jumped 11.1% to $83.96 after the company reported better-than-expected Q1 EPS and sales results and raised FY23 revenue guidance.
• CoreCivic, Inc. (NYSE:CXW) gained 10.9% to $11.18 following Q4 results.
• Madison Square Garden Entertainment Corp. (NYSE:MSGE) gained 10.8% to $59.13. Madison Square Garden Entertainment reported second-quarter FY23 revenue growth of 24% year-on-year to $642.2 million, beating the consensus of $601.5 million.
• Hims & Hers Health, Inc. (NASDAQ:HIMS) rose 10.4% to $9.31. Jefferies upgraded Hims & Hers Health from Hold to Buy and raised the price target from $7 to $11.
• Gates Industrial Corporation plc (NYSE:GTES) gained 10.4% to $14.49 following strong quarterly results.
• iQIYI, Inc. (NASDAQ:IQ) gained 9.9% to $7.72.
• MediaAlpha, Inc. (NYSE:MAX) jumped 9.6% to $14.55.
• Eneti Inc. (NASDAQ:NETI) gained 9.1% to $10.71 following Q4 results.
• Paycor HCM, Inc. (NASDAQ:PYCR) surged 8.8% to $26.71 after the company reported better-than-expected Q2 adjusted EPS and sales results. Additionally, the company issued Q3 and FY23 revenue guidance above analyst estimates.
• Everest Re Group, Ltd. (NYSE:RE) gained 7.4% to $383.37 after the company reported mixed Q4 financial results.
• MGM Resorts International (NYSE:MGM) jumped 7.2% to $44.42 after the company reported better-than-expected Q4 revenues and announced a $2 billion buyback.

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