U.S. stocks were lower, with the Nasdaq Composite falling more than 200 points on Wednesday.

Shares of Williams-Sonoma, Inc. (NYSE:WSM) rose sharply during Wednesday's session after the company reported better-than-expected third-quarter financial results.

The company reported third-quarter adjusted earnings per share of $1.96, beating the analyst consensus of $1.78. Quarterly sales declined by 2.9% year-over-year to $1.8 billion, beating the street view of $1.79 billion. Comparable brand revenue was down 2.9% year-over-year.

Also, the company approved a $1 billion stock repurchase authorization.

Williams-Sonoma, Inc. (NYSE:WSM) shares gained 22.7% to $168.48 on Wednesday.

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

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