Independent Bank Posts Upbeat Earnings, Joins Blaize Holdings, Interactive Brokers Group And Other Big Stocks Moving Higher On Friday
U.S. stocks were mixed, with the Dow Jones index falling around 50 points on Friday.
Shares of Independent Bank Corp. (NASDAQ:INDB) rose sharply during Friday's session after the company reported second-quarter financial results and beat its adjusted EPS and revenue estimates.
Independent Bank reported quarterly earnings of $1.25 per share which beat the analyst consensus estimate of $1.21 per share. The company reported quarterly sales of $181.800 million which beat the analyst consensus estimate of $179.473 million.
Independent Bank shares jumped 6.6% to $69.99 on Friday.
Here are some other big stocks recording gains in today’s session.
- Blaize Holdings, Inc. (NASDAQ:BZAI) shares jumped 50% to $4.58 after announcing a $120 million agreement to deploy its hybrid AI platform in collaboration with Starshine.
- Talen Energy Corporation (NASDAQ:TLN) gained 22.4% to $323.13. Morgan Stanley analyst David Arcaro maintained Talen Energy with an Overweight rating and raised the price target from $300 to $330.
- Mesoblast Limited (NASDAQ:MESO) rose 22.4% to $15.13. Mesoblast reported $13.2 million in gross revenue from Ryoncil sales in the first quarter post commercial launch.
- loanDepot, Inc. (NYSE:LDI) gained 21.4% to $1.9900.
- Opendoor Technologies Inc. (NASDAQ:OPEN) rose 21.2% to $2.0000.
- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) gained 14.7% to $6.09.
- So-Young International Inc. (NASDAQ:SY) rose 13.9% to $5.70.
- CRISPR Therapeutics AG (NASDAQ:CRSP) gained 13.2% to $62.36.
- Bitmine Immersion Technologies, Inc. (NYSE:BMNR) rose 11.3% to $46.62 as the company's Ethereum (CRYPTO: ETH) holdings crossed the $1 billion threshold following its recent pivot to an ETH treasury strategy.
- United States Antimony Corporation (NYSE:UAMY) rose 10.5% to $4.1250.
- Invesco Ltd. (NYSE:IVZ) gained 10.2% to $19.06.
- Applied Digital Corporation (NASDAQ:APLD) climbed 7.7% to $11.76.
- Interactive Brokers Group, Inc. (NASDAQ:IBKR) gained 7.5% to $63.90 after the company reported better-than-expected second-quarter adjusted EPS and sales.
- Robinhood Markets, Inc. (NASDAQ:HOOD) rose 7.2% to $112.99.
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