Cooper Companies Reports Upbeat Results, Joins Dell, NetApp, Tidewater And Other Big Stocks Moving Higher On Friday

Author: Avi Kapoor | March 01, 2024 12:18pm

U.S. stocks were higher, with the Nasdaq Composite gaining around 0.5% on Friday.

Shares of The Cooper Companies, Inc. (NYSE:COO) rose sharply during Friday’s session after the company reported better-than-expected first-quarter financial results and raised guidance.

Cooper Companies posted adjusted earnings of 85 cents per share, beating market estimates of 78 cents per share. The company’s quarterly sales came in at $931.60 million versus expectations of $915.94 million, according to data from Benzinga Pro.

The Cooper Companies shares rose 7.4% to $100.61 on Friday.

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

• Dell Technologies Inc. (NYSE:DELL) jumped 26.3% to $119.52 as the company reported better-than-expected fourth-quarter financial results and increased its annual cash dividend by 20%.
• Sweetgreen, Inc. (NYSE:SG) rose 26% to $16.05 after the company reported better-than-expected fourth-quarter financial results.
• Everbridge, Inc. (NASDAQ:EVBG) climbed 24.5% to $35.19 after it amended and restated the previously announced merger agreement with Thoma Bravo.
• NetApp, Inc. (NASDAQ:NTAP) shares rose 24.4% to $110.85 after the company reported better-than-expected third-quarter financial results and issued guidance.
• Xponential Fitness, Inc. (NYSE:XPOF) surged 24% to $12.50 following strong quarterly sales.
• Opera Limited (NASDAQ:OPRA) rose 18.8% to $14.47 following strong sales.
• REGENXBIO Inc. (NASDAQ:RGNX) rose 18.5% to $20.66.
• RadNet, Inc. (NASDAQ:RDNT) gained 18.1% to $44.71 following strong quarterly results.
• Sana Biotechnology, Inc. (NASDAQ:SANA) gained 17.3% to $11.78 after the company reported a year-over-year increase in fourth-quarter financial results.
• Tidewater Inc. (NYSE:TDW) rose 15.3% to $80.73 following fourth-quarter financial results.
• Y-mAbs Therapeutics, Inc. (NASDAQ:YMAB) climbed 14.3% to $19.09 after the company reported better-than-expected fourth-quarter financial results.
• Repay Holdings Corporation (NASDAQ:RPAY) gained 14.4% to $9.94 following upbeat quarterly results.
• Root, Inc. (NASDAQ:ROOT) climbed 14.2% to $36.66. Jefferies analyst Yaron Kinar upgraded Root from Hold to Buy and raised the price target from $10 to $40.
• Crinetics Pharmaceuticals, Inc. (NASDAQ:CRNX) gained 12.1% to $45.91 following quarterly results.
• MasTec, Inc. (NYSE:MTZ) gained 11.2% to $83.89 following strong quarterly results.
• PTC Therapeutics, Inc. (NASDAQ:PTCT) rose 10.4% to $31.11 following quarterly results.
• Rambus Inc. (NASDAQ:RMBS) climbed 9.3% to $64.76. Rambus initiated accelerated share repurchase program to repurchase an aggregate of $50 million of its common stock.
• Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) rose 9.3% to $35.10.
• Lotus Technology Inc. (NASDAQ:LOT) gained 9.3% to $8.13.
• Transocean Ltd. (NYSE:RIG) climbed 9.3% to $5.12.
• Arvinas, Inc. (NASDAQ:ARVN) gained 9.2% to $50.21. Barclays analyst Peter Lawson maintained Arvinas with an Overweight and raised the price target from $26 to $60.
• Celldex Therapeutics, Inc. (NASDAQ:CLDX) climbed 8.7% to $52.27. Celldex Therapeutics priced upsized $400 million public offering of 8.52 million common stock at $47 per share.
• Dyne Therapeutics, Inc. (NYSE:DYN) gained 7.9% to $29.03.
• Celestica Inc. (NYSE:CLS) rose 7.7% to $45.81.
• MoonLake Immunotherapeutics (NASDAQ:MLTX) gained 6.6% to $51.40. Needham analyst Serge Belanger reiterated MoonLake with a Buy and maintained a $66 price target.
• Super Micro Computer, Inc. (NASDAQ:SMCI) rose 6.3% to $921.40.

 

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Posted In: ARVN ARWR CLDX CLS COO CRNX DELL DYN EVBG LOT MLTX MTZ NTAP OPRA PTCT RDNT RGNX RIG RMBS ROOT