US stocks were mixed, with the Dow Jones Industrial Average gaining more than 150 points on Wednesday.
Shares of Toro Co (NYSE:TTC) rose sharply in Wednesday’s session after better-than-expected quarterly results.
Toro reported quarterly profit of 91 cents per share, which beat analysts’ consensus estimate of 87 cents per share. The company reported quarterly revenue of $1.066 billion, which topped analysts’ consensus estimate of $1.048 billion.
Toro rose 7% to $77.82 on Wednesday.
Here are some other big stocks that posted gains during today’s session.
- DBV Technologies SA – ADR (NASDAQ:DBVT) Shares rose 35.5% to $24.36 after the company announced topline results from the Phase 3 VITESSE trial met its primary endpoint.
- Udemy Inc (NASDAQ:UDMY) rose 26.5% to $6.79. Coursera signed an all-stock merger agreement with Udemy.
- Kodiak Sciences Inc (NASDAQ:KOD) rose 16.7% to $28.16. Kodiak Sciences has announced pricing for a larger public offering of common stock.
- Cabin 8 Corp (NASDAQ:HUT) rose 16.3% to $42.88 after the company announced a partnership with Anthropic and Fluidstack to accelerate the deployment of hyperscale AI infrastructure in the United States. The company also signed a 15-year, $7.0 billion lease with Fluidstack for 245 megawatts of IT capacity at its River Bend data center campus in Louisiana.
- Canopy Growth Corp (NASDAQ:CGC) rose 16.2% to $2.13. Shares of cannabis-linked stocks traded higher after reports suggesting President Trump will sign an executive order that will reclassify marijuana as a Schedule III drug.
- Unique NV (NASDAQ:QURE) rose 15.8% to $25.34.
- Sigma Lithium Corp (NASDAQ:SGML) rose 15.6% to $11.83. Shares of lithium-related stocks traded higher after Yichun’s Bureau of Natural Resources announced plans to revoke 27 mining permits.
- Recursion Pharmaceuticals Inc (NASDAQ:RXRX) rose 13.2% to $4.76 after JP Morgan upgraded the stock from Neutral to Overweight and raised its price target from $10 to $11.
- Two Havens Investment Corp (NYSE:TWO) rose 13.2% to $11.21 after the company announced it would be acquired by UWM Holdings.
- BGM Group Ltd (NASDAQ:BGM) rose 11.7% to $5.60.
- AXT Inc (NASDAQ:AXTI) rose 10.5% to $14.36.
- Quantumscape Corp (NYSE:QS) rose 7.7% to $11.66 after announcing it had capped its 2025 commercial roadmap by signing a joint development agreement with a new automotive OEM customer, a top 10 global automaker.
- Jabil Inc (NYSE:JBL) rose 7% to $227.50 as the company posted better-than-expected profits for the first quarter.
- ABM Industries Inc (NYSE:ABM) rose 6.8% to $48.87 after positive quarterly sales.
- Solve AI-PLC (NASDAQ:RZLV) rose 6.5% to $3.16.
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