Progress Software Posts Upbeat Results, Joins Microvast, PVH And Other Big Stocks Moving Higher On Tuesday

Author: Avi Kapoor | April 01, 2025 10:32am

U.S. stocks were lower, with the Dow Jones index falling over 300 points on Tuesday.

Shares of Progress Software Corporation (NASDAQ:PRGS) rose sharply during Tuesday's session after the company reported better-than-expected quarterly financial results.

Progress Software reported quarterly earnings of $1.31 per share which beat the analyst consensus estimate of $1.06 per share. The company reported quarterly sales of $238.01 million which beat the analyst consensus estimate of $235.63 million.

Progress Software shares surged 8.2% to $55.74 on Tuesday.

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

• Newsmax, Inc. (NASDAQ:NMAX) shares jumped 100.5% to $167.42 after jumping 735% on Monday.
• Microvast Holdings, Inc. (NASDAQ:MVST) gained 20.5% to $1.41 after the company reported better-than-expected fourth-quarter financial results.
• PVH Corp. (NYSE:PVH) gained 17.1% to $75.67 following a fourth-quarter adjusted EPS and revenue beat. Additionally, the company announced plans to enter into a $500 million accelerated share repurchase program.
• Alumis Inc. (NASDAQ:ALMS) rose 10.6% to $6.79.
• CoreWeave, Inc. (NASDAQ:CRWV) climbed 9.8% to $40.72.
• HUTCHMED (China) Limited (NASDAQ:HCM) climbed 7.7% to $16.20.
• Nayax Ltd. (NASDAQ:NYAX) gained 7.5% to $36.82. William Blair analyst Cristopher Kennedy upgraded Nayax from Market Perform to Outperform.
• LZ Technology Holdings Limited (NASDAQ:LZMH) gained 5.2% to $7.27.
• Oklo Inc. (NYSE:OKLO) rose 4.1% to $22.51.

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Posted In: ALMS CRWV HCM LZMH MVST NMAX NYAX OKLO PRGS PVH