GE Vernova Posts Better-Than-Expected Earnings, Joins Thermo Fisher Scientific, Lennox International, General Dynamics And Other Big Stocks Moving Higher On Wednesday
U.S. stocks were higher, with the Dow Jones index gaining around 200 points on Wednesday.
Shares of GE Vernova Inc. (NYSE:GEV) rose sharply during Wednesday's session after the company posted better-than-expected second-quarter 2025 earnings and raised its full-year guidance.
The energy transition company reported second-quarter earnings per share of $1.86, beating the consensus estimate of $1.69. Revenue came in at $9.11 billion, exceeding Wall Street's expectations of $8.78 billion.
GE Vernova shares climbed 13.5% to $623.10 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- ABIVAX Société Anonyme (NASDAQ:ABVX) shares jumped 548% to $66.13 after the company announced that Obefazimod met all its key secondary endpoints. JMP Securities raised its price target on the stock from $33 to $39.
- aTyr Pharma, Inc. (NASDAQ:ATYR) gained 31.7% to $6.90.
- Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) rose 28% to $4.0050. Chardan Capital maintained a Buy rating on the stock.
- Regencell Bioscience Holdings Limited (NASDAQ:RGC) gained 23% to $16.73.
- Lamb Weston Holdings, Inc. (NYSE:LW) jumped 19.6% to $58.78 after the company reported better-than-expected fourth-quarter financial results.
- Cal-Maine Foods, Inc. (NASDAQ:CALM) rose 19.2% to $124.93 after the company reported fourth-quarter financial results and beat its EPS and revenue estimates.
- Vicor Corporation (NASDAQ:VICR) rose 18.7% to $53.66 following second-quarter results.
- Liberty Energy Inc. (NYSE:LBRT) gained 18.5% to $13.34 after the company and Oklo announced an alliance to offer an integrated deployment strategy.
- Humacyte, Inc. (NASDAQ:HUMA) rose 18% to $2.7150 after the company announced the first Symvess sale to a U.S. military treatment facility.
- Valneva SE (NASDAQ:VALN) climbed 17.5% to $7.32.
- Krispy Kreme, Inc. (NASDAQ:DNUT) gained 16.2% to $4.80. The stock's sudden rise appears to be driven by retail investors, with the company gaining increased attention on various social media platforms.
- Toyota Motor Corporation (NYSE:TM) climbed 13.3% to $192.68. Shares of US-listed Japanese stocks traded higher after President Trump announced a trade deal with Japan.
- Thermo Fisher Scientific Inc. (NYSE:TMO) rose 12.7% to $481.78 after the company reported better-than-expected quarterly financial results.
- Honda Motor Co., Ltd. (NYSE:HMC) gained 12.5% to $34.19. Shares of US-listed Japanese stocks traded higher after President Trump announced a trade deal with Japan.
- Pegasystems Inc. (NASDAQ:PEGA) rose 10% to $56.03 after the company reported second-quarter financial results and beat its adjusted EPS and revenue estimates.
- Manhattan Associates, Inc. (NASDAQ:MANH) gained 10% to $223.06 after the company reported better-than-expected second-quarter financial results and raised its FY25 guidance above estimates.
- Lennox International Inc. (NYSE:LII) jumped 10% to $682.00 following upbeat second-quarter results.
- Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) jumped 9.8% to $16.43 fter the company issued a statement reaffirming the strength of its exclusive license and collaboration agreement with Sarepta Therapeutics.
- Stellantis N.V. (NYSE:STLA) rose 9.6% to $10.16.
- General Dynamics Corporation (NYSE:GD) gained 6.4% to $316.80 after the company reported better-than-expected second-quarter financial results.
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