Guess? Posts Upbeat Earnings, Joins Lufax, Nortech Systems and Other Big Stocks Rising Thursday – Guess (NYSE:GES), Lufax Holding (NYSE:LU), Nortech Systems (NASDAQ:NSYS)

U.S. stocks were higher, with the Dow Jones index gaining about 250 points on Thursday.

Shares of Guess?, Inc. GES rose sharply during Thursday’s session as the company reported better-than-expected fourth-quarter financial results and declared a special dividend of $2.25 per share.

Guess? reported quarterly earnings of $2.01 per share, which beat analysts’ consensus estimate of $1.56 by 28.85%. According to data from Benzinga Pro, quarterly sales came in at $891.05 million, beating analysts’ consensus estimate of $855.54 million.

Guess? Shares jumped 23.1% to $31.95 on Thursday.

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

• Lufax Holding Ltd LU shares rose 41.3% to $4.76 following fourth-quarter results.
• Nortech Systems Incorporated NSYS rose 22.3% to $13.35 after the company reported fourth-quarter results.
• Astera Labs, Inc. FIRE rose 15.3% to $71.54 amid post-IPO volatility.
• NextNav Inc. NN gained 15% to $5.55. Joseph D Samberg, 10% owner of NextNav, acquired a total of 483,000 shares at an average price of $4.52.
• Micron Technology, Inc. IN rose 14.7% to $110.37 after the company reported positive results for the second quarter and issued strong guidance for the third quarter.
• argenx SE ARGX rose 14.4% to $408.38 after myasthenia gravis data from rivals Chugai and Roche failed to meet expectations.
• Stems, Inc. STEM gained 14.3% to $2.2050
• Astera Labs, Inc. FIRE gained 14.2% to $70.81 amid post-IPO volatility.
• Sunnova Energy International Inc. NOVA rose 9.7% to $5.22.
• Ocugen, Inc. OCGN rose 9.3% to $1.3550.
• Graphjet technology GTI rose 9.3% to $10.93.
• Nyxoah SA NYXH rose 9.1% to $15.16.
• Everywhere Real Estate Inc. HOME gained 9.1% to $5.99.
• Wolfspeed, Inc. WOLF shares rose 8.4% to $29.54.
• Sunrun Inc. RUN gained 8% to $12.40.
• Array Technologies, Inc. ARRY gained 6.8% to $14.23.
• Western Digital Corporation WDC rose 6.2% to $64.51, on strength from Micron, which gained after reporting better-than-expected earnings and posting strong guidance.
• Broadcom Inc. AVGO rose 5.8% to $1,350.05 after TD Cowen upgraded the stock from Market Perform to Outperform and raised its price target from $1,400 to $1,500.
• Factory FN gained 5.6% to $202.88. Northland Capital Markets analyst Tim Savageaux upgraded Fabrinet from Market Perform to Outperform and raised his price target from $200 to $220.

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