NICE Reports Upbeat Earnings, Joins FTI Consulting, NVIDIA, Moderna and Other Big Stocks Rising Thursday – NVIDIA (NASDAQ:NVDA), NICE (NASDAQ:NICE)

U.S. stocks were higher, with the Nasdaq Composite gaining more than 2% on Thursday.

Shares of NICE Ltd. CUTE rose sharply during Thursday’s session after the company reported better-than-expected fourth-quarter financial results and issued fiscal 2024 guidance that beat estimates.

NICE reported fourth-quarter fiscal 2023 revenue growth of 9.6% year-over-year to $623.19 million, beating consensus of $618.51 million. Adjusted EPS improved to $2.36 from $2.04 a year earlier, beating the consensus of $2.28.

NICE shares jumped 10.4% to $249.39 on Thursday.

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

• Root, Inc. ROOT shares rose 40.8% to $12.21 after posting better-than-expected fourth-quarter results.
• Novavax, Inc. NVAX gained 34.7% to $5.36. Novavax has reached an agreement regarding the 2021 advance purchase agreement for Novavax’s prototype Covid-19 vaccine (NVX-COV2373).
• Mativ Holdings, Inc. TV rose 27.6% to $15.00 after upbeat earnings.
• Home Medical, Inc. FROM rose 26% to $4.0680 following upbeat results.
• Ocular Therapeutix, Inc. shock rose 22.2% to $9.19 after announcing a $325 million private placement.
• Remitly Global, Inc. RELY shares gained 19.5% to $21.13 after the company reported better-than-expected fourth-quarter financial results.
• B. Riley Financial, Inc. RILY rose 19.3% to $18.13. B. Riley’s board released a statement regarding the internal review.
• Super Micro Computers, Inc. SMCI gained 19.2% to $875.07. Supermicro announced a proposed offering of $1.5 billion in convertible senior notes due 2029.
• AlTi Global, Inc. HIGH it jumped 18.6% to $6.90. AlTi Global announced a strategic investment of up to $450 million from Allianz X and Constellation Wealth Capital.
• Amylyx Pharmaceuticals, Inc. AMLX gained 17.5% to $18.00 following strong sales results.
• ACV Auctions Inc. ACVA rose 16.9% to $16.37 after the company reported better-than-expected fourth-quarter financial results and announced the resolution of its antitrust litigation related to its AutoIMS technology platform.
• FTI Consulting, Inc. FCN rose 15.5% to $219.72 following upbeat results.
• NVIDIA Corporation NVDA gained 15.4% to $778.61 after the company reported better-than-expected fourth-quarter financial results and posted strong revenue guidance for the first quarter.
• OUTFRONT Media Inc. OUT rose 15.4% to $14.35 after upbeat results.
• Lantheus Holdings, Inc. LNTH gained 14.4% to $64.90 after strong results.
• Individual PLC INV rose 13.3% to $19.83 after fourth-quarter results.
• Installed Building Products, Inc. IBP gained 12.8% to $228.59 after the company reported better-than-expected fourth-quarter financial results and authorized a $300 million stock repurchase program.
• ICON Joint-stock company ICLR rose 12.1% to $319.05 after the company reported better-than-expected fourth-quarter adjusted per-share results and issued fiscal 24 guidance.
• Celestica Inc. CLS rose 11.6% to $41.51.
• Advanced Micro Devices, Inc. AMD rose 11.6% to $183.27 in lockstep with NVIDIA, which reported better-than-expected quarterly financial results and issued revenue guidance that beat estimates.
• Quanta Services, Inc. PWR gained 11% to $234.42 after the company reported better-than-expected quarterly financial results and issued guidance.
• Synopsis, Inc. SNPS rose 10.7% to $601.93 after the company reported better-than-expected first-quarter adjusted earnings per share and issued strong guidance.
• Q2 Holdings, Inc. QTWO gained 9.5% to $45.82 after strong results.
• Moderna, Inc. MRNA gained 9.5% to $95.93 after the company reported fourth-quarter financial results.
• Dell Technologies Inc. DELL rose 8.7% to $88.46.
• Wingstop Inc. WING gained 8.4% to $336.34. Wingstop reported better-than-expected results for its fourth quarter on Wednesday.
• Royal Caribbean Cruises Ltd. RCL rose 7.9% to $124.00 after the company raised adjusted EPS guidance for fiscal 2024. Additionally, the company said demand and bookings exceeded expectations.
• DigitalOcean Holdings, Inc. Dr rose 6.8% to $38.29 after upbeat results.

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