Expedia Posts Strong Results, Joins Affirm Holdings, Take-Two, Cloudflare And Other Big Stocks Moving Higher On Friday
U.S. stocks were higher, with the Dow Jones index gaining around 50 points on Friday.
Shares of Expedia Group, Inc. (NASDAQ:EXPE) rose sharply on Friday after the company reported better-than-expected Q4 financial results.
Expedia Group reported quarterly earnings of $2.39 per share, which beat the analyst consensus estimate of $2.02. Quarterly revenue clocked in at $3.18 billion, which beat the analyst consensus estimate of $3.07 billion and is an increase over revenue of $2.89 billion from the same period last year.
Expedia shares jumped 16.4% to $201.05 on Friday.
Here are some other big stocks recording gains in today's session.
- Doximity, Inc. (NYSE:DOCS) shares jumped 32.1% to $76.97 after the company reported better-than-expected third-quarter financial results and issued FY25 guidance above estimates.
- Centrus Energy Corp. (NYSE:LEU) gained 28% to $104.65 after the company reported better-than-expected quarterly financial results.
- SolarWinds Corporation (NYSE:SWI) rose 22.2% to $18.38 as the company agreed to be acquired by Turn/River Capital.
- Affirm Holdings, Inc. (NASDAQ:AFRM) gained 22.1% to $75.42 following better-than-expected second-quarter financial results and strong FY25 guidance.
- Pinterest, Inc. (NYSE:PINS) shares rose 18.1% to $39.67 after the company reported better-than-expected fourth-quarter revenue results and issued first-quarter revenue guidance with its midpoint above estimates.
- CleanSpark, Inc. (NASDAQ:CLSK) gained 16% to $12.03 after the company reported better-than-expected quarterly financial results.
- Take-Two Interactive Software, Inc. (NASDAQ:TTWO) shares climbed 13.7% to $208.34. The company reported third-quarter financial results, issued guidance and confirmed a fall release date for GTA VI.
- Cloudflare, Inc. (NYSE:NET) gained 13.5% to $160.73 following better-than-expected quarterly financial results.
- ESCO Technologies Inc. (NYSE:ESE) gained 13.3% to $150.01 following upbeat earnings.
- Genpact Limited (NYSE:G) rose 12% to $55.35 after the company posted better-than-expected fourth-quarter results and issued FY25 guidance above estimates.
- Upstart Holdings, Inc. (NASDAQ:UPST) rose 10% to $71.38.
- Ubiquiti Inc. (NYSE:UI) gained 7.5% to $458.91 after the company reported second-quarter EPS and revenue above estimates.
- Tempus AI, Inc. (NASDAQ:TEM) rose 6.7% to $69.34.
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