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VeriSign Posts Better-Than-Expected Results, Joins Charter Communications, Sensient Technologies, Comfort Systems And Other Big Stocks Moving Higher On Friday

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VeriSign Posts Better-Than-Expected Results, Joins Charter Communications, Sensient Technologies, Comfort Systems And Other Big Stocks Moving Higher On Friday

U.S. stocks were mixed, with the Dow Jones index falling around 200 points on Friday.

Shares of VeriSign, Inc. (NASDAQ:VRSN) rose sharply during Friday's session after the company reported better-than-expected first-quarter financial results and raised its FY25 sales guidance above estimates.

VeriSign posted quarterly earnings of $2.10 per share, beating market estimates of $2.09 per share. The company's quarterly sales came in at $402.30 million versus expectations of $400.44 million.

VeriSign shares jumped 8.3% to $273.58 on Friday.

Here are some other big stocks recording gains in today's session.

  • SES AI Corporation (NYSE:SES) shares jumped 26% to $1.1003 after the company reported better-than-expected first-quarter EPS results and authorized a $30 million share repurchase program.
  • Cantor Equity Partners, Inc. (NASDAQ:CEP) gained 24% to $30.90. Shares of Cantor Equity Partners have surged 203% to $32.71 since Monday's open. The stock has skyrocketed this week amid announcing a merger with newly formed Bitcoin-focused firm Twenty One.
  • HarborOne Bancorp, Inc. (NASDAQ:HONE) rose 16% to $11.65. Eastern Bankshares and HarborOne Bancorp entered into a merger agreement.
  • Canadian Solar Inc. (NASDAQ:CSIQ) gained 15.6% to $10.73.
  • Coursera, Inc. (NYSE:COUR) rose 11.2% to $8.56 following better-than-expected quarterly results.
  • Charter Communications, Inc. (NASDAQ:CHTR) rose 9.6% to $367.44 after the company reported better-than-expected first-quarter sales results.
  • BigBear.ai Holdings, Inc. (NYSE:BBAI) gained 9.2% to $3.1809.
  • Liberty Broadband Corporation (NASDAQ:LBRDA) gained 9% to $83.27.
  • Encompass Health Corporation (NYSE:EHC) rose 9% to $110.52 after Barclays raised its price target on the stock from $118 to $129.
  • NETGEAR, Inc. (NASDAQ:NTGR) rose 8% to $24.23.
  • Sensient Technologies Corporation (NYSE:SXT) shares gained 6.9% to $85.67 as the company posted upbeat first-quarter results and raised its earnings forecast.
  • Tesla, Inc. (NASDAQ:TSLA) gained 6.8% to $277.45.
  • Select Medical Holdings Corporation (NYSE:SEM) climbed 6% to $17.59.
  • Comfort Systems USA, Inc. (NYSE:FIX) rose 5.8% to $398.38 following better-than-expected first-quarter financial results and a quarterly dividend increase by $0.05 per share.

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