Dycom Industries Posts Upbeat Earnings, Joins WeRide, Keysight Technologies And Other Big Stocks Moving Higher On Wednesday

Author: Avi Kapoor | May 21, 2025 10:11am

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

Shares of Dycom Industries, Inc. (NYSE:DY) rose sharply during Wednesday's session after the company reported better-than-expected first-quarter financial results, issued second-quarter sales guidance above estimates, and raised its FY26 sales guidance.

Dycom Industries reported quarterly earnings of $2.09 per share which beat the analyst consensus estimate of $1.69 per share. The company reported quarterly sales of $1.26 billion which beat the analyst consensus estimate of $1.19 billion.

Dycom Industries shares jumped 15.9% to $224.41 on Wednesday.

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

• SEALSQ Corp (NASDAQ:LAES) shares jumped 26% to $4.1188. SEALSQ unveiled quantum-resistant cryptography with QS7001 to secure Bitcoin wallets against quantum threat.
• Canada Goose Holdings Inc. (NYSE:GOOS) gained 20.3% to $10.73 following better-than-expected fourth-quarter financial results.
• Arqit Quantum Inc. (NASDAQ:ARQQ) jumped 17% to $28.76.
• WeRide Inc. (NASDAQ:WRD) rose 15.7% to $9.78 following its first-quarter financial results.
• Next Technology Holding Inc. (NASDAQ:NXTT) rose 15% to $2.37.
• XPeng Inc (NYSE:XPEV) gained 14.8% to $22.62 after the company reported first-quarter financial results, with total deliveries rising 330.8% year over year.
• Belite Bio, Inc (NASDAQ:BLTE) shares rose 11.1% to $72.00 as the company secured FDA Breakthrough Therapy Designation for Tinlarebant in Stargardt disease following Phase 3 interim data.
• CoreWeave, Inc. (NASDAQ:CRWV) gained 10.2% to $99.30.
• Arcellx, Inc. (NASDAQ:ACLX) climbed 7.4% to $65.00.
• Keysight Technologies, Inc. (NYSE:KEYS) rose 6% to $172.63 following better-than-expected quarterly financial results.
• Akso Health Group (NASDAQ:AHG) rose 5% to $1.6750.

Now Read This:

• Target, Lowe’s And 3 Stocks To Watch Heading Into Wednesday

Photo via Shutterstock

Posted In: ACLX AHG ARQQ BLTE CRWV DY GOOS KEYS LAES NXTT WRD XPEV