U.S. stocks closed lower on Wednesday, with the Dow Jones dropping more than 500 points. Here is the list of some big stocks recording gains in the previous session.
- Benefitfocus, Inc. BNFT shares jumped 48.2% to settle at $10.36 on Wednesday after the company announced it will be acquired by Voya Financial for $10.50 per share.
- Bandwidth Inc. BAND climbed 41.6% to close at $17.42 after the company reported better-than-expected Q3 sales results. The company also issued Q4 and FY22 sales guidance above analyst estimates.
- Chegg, Inc. CHGG rose 22% to close at $25.75 after the company reported better-than-expected Q3 results. The company also issued FY22 sales guidance above analyst estimates.
- Arcturus Therapeutics Holdings Inc. ARCT shares jumped 18.7% to close at $21.69 after the company announced collaboration with CSL to develop and commercialize self-amplifying mRNA vaccines. Arcturus to receive upfront payment of $200 million.
- Mercury General Corporation MCY rose 14.1% to close at $33.06 following strong quarterly earnings.
- Super Micro Computer, Inc. SMCI gained 12.5% to close at $80.84 after the company reported better-than-expected Q3 EPS and sales results.
- Li Auto Inc LI climbed 12.1% to settle at $16.32. Li Auto recently reported it delivered 10,052 vehicles in October 2022, up 31.4% year over year.
- RLX Technology Inc. RLX surged 11.7% to close at $1.53.
- Horizon Therapeutics Public Limited Company HZNP gained 11.3% to close at $70.33 after the company reported better-than-expected Q3 EPS and sales results and raised FY22 sales guidance above estimates.
- United Therapeutics Corporation UTHR climbed 11.1% to close at $253.65 after the company reported better-than-expected Q3 results.
- Service Corporation International SCI climbed 10.4% to close at $67.52 after the company reported better-than-expected Q3 EPS and sales results. The company also raised its FY22 EPS guidance above analyst estimates.
- Zai Lab Limited ZLAB gained 9.6% to close at $27.43.
- Yum China Holdings, Inc. YUMC rose 7.6% to close at $46.32 after reporting a rise in Q3 earnings.
- Inspire Medical Systems, Inc. INSP gained 7.5% to settle at $206.69 after the company reported better-than-expected Q3 EPS and sales results. The company also raised its FY22 sales guidance above analyst estimates.
- The New York Times Company NYT jumped 7.4% to settle at $31.29 after the company reported better-than-expected Q3 adjusted EPS results and issued guidance.
- Novo Nordisk A/S NVO rose 6.4% to settle at $113.23 after the company reported Q3 EPS and sales results were higher year over year. The company also raised FY22 operating profit growth guidance.
- Match Group, Inc. MTCH shares gained 4.2% to close at $45.74 after the company reported better-than-expected Q3 results.
- Charles River Laboratories International, Inc. CRL gained 4.1% to close at $215.75 after the company reported better-than-expected Q3 results.
Image and article originally from www.benzinga.com. Read the original article here.