SPS Commerce Posts Upbeat Results, Joins Masonite International, Impinj and Other Big Stocks Rising Friday – Impinj (NASDAQ:PI), SPS Commerce (NASDAQ:SPSC), Masonite International (NYSE:DOOR)

U.S. stocks traded mixed, with the Nasdaq Composite gaining about 100 points on Friday.

Shares of SPS Commerce, Inc. SPSC rose sharply during Friday’s session following positive results.

SPS Commerce reported adjusted earnings of 75 cents per share, beating market estimates of 69 cents per share. The company’s quarterly sales came in at $144.97 million versus expectations of $143.09 million, according to data from Benzinga Pro.

Shares of SPS Commerce jumped 10.2% to $202.57 on Friday.

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

• Masonite International Corporation BRINGS gained 34.5% to $129.99 after Owens Corning announced it will acquire the company for $3.9 billion.
• Cloudflare, Inc. NET jumped 23.5% to $111.49 after the company reported better-than-expected fourth-quarter financial results and issued guidance for the first quarter.
• CleanSpark, Inc. CLSK shares rose 22% to $12.81 after the company reported a year-over-year increase in first-quarter GAAP EPS and better-than-expected sales results.
• Centessa Pharmaceuticals plc CNTA gained 20.5% to $8.99. Centessa Pharmaceuticals will present additional 52-week continuous treatment data from the ongoing third-year Phase 2a study of SerpinPC for the treatment of hemophilia at the 17th Annual Congress of the European Association for Haemophilia and Related Diseases.
• IGM Biosciences, Inc. IGM rose 19.2% to $15.44.
• Vitamin Cottage, Inc. Natural Groceries NGVC rose 18.2% to $17.51 ​​after quarterly results.
• Soho House & Co Inc. SHCO rose 15.7% to $5.79. Soho House announced that its board of directors will evaluate certain strategic transactions in the fall of 2023.
• Matrix service company MTRX gained 13.1% to $12.82.
• Central Garden and Pet Company CENT gained 10.4% to $43.03. Central Garden & Pet reported better-than-expected first-quarter financial results.
• Impinj, Inc. PI rose 10.2% to $117.18 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance that beat estimates.
• Blue Owl Capital Inc. OWL gained 8.8% to $17.83 after upbeat results.
• Ocular Therapeutix, Inc. shock shares rose 8.2% to $5.44. B of A Securities analyst Tazeen Ahmad initiated coverage on Ocular Therapeutix with a Buy rating and announced a $15 price target.
• Mueller Water Products, Inc. MWA rose 8% to $14.99 after upbeat results.
• UiPath Inc. PATH rose 7.4% to $26.16.
• Lumentum Holdings Inc. LIGHT gained 7.4% to $49.10. Lumentum Holdings recently reported upbeat earnings.
• Power Integrations, Inc. POWI rose 7.1% to $83.87 following better-than-expected earnings.
• C3.ai, Inc. TO THE gained 7% to $28.74.
• Arvinas, Inc. ARVN rose 6.6% to $51.49.
• DigitalOcean Holdings, Inc. Dr gained 6.6% to $39.15.

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