Lamb Weston Posts Better-Than-Expected Results, Joins Sanofi And Other Big Stocks Moving Higher On Thursday

U.S. stocks were lower, with the Dow Jones index falling over 1,200 points on Thursday.

Shares of Lamb Weston Holdings, Inc. LW rose sharply during Thursday's session after the company reported better-than-expected third-quarter financial results and issued FY25 sales guidance above estimates.

Lamb Weston reported quarterly earnings of $1.10 per share which beat the analyst consensus estimate of 87 cents per share. The company reported quarterly sales of $1.52 billion which beat the analyst consensus estimate of $1.49 billion.

Lamb Weston shares jumped 10% to $59.52 on Thursday.

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

The Goodyear Tire & Rubber Company GT shares jumped 12.5% to $10.25.
Northern Dynasty Minerals Ltd. NAK gained 12% to $1.0250.
Skyline Builders Group Holding Limited SKBL shares rose 7.1% to $11.10.
National Grid plc NGG shares rose 6.5% to $70.08.
SBA Communications Corporation SBAC shares gained 6.1% to $232.69.
Anbio Biotechnology NNNN rose 5.6% to $7.39.
The Kroger Co. KR climbed 4.7% to $70.44.
American Tower Corporation AMT shares rose 4.4% to $227.53.
Valneva SE VALN gained 4.2% to $7.29.
Fresenius Medical Care AG FMS rose 4.2% to $25.76.
McKesson Corporation MCK gained 4% to $721.00. McKesson, on Wednesday, completed acquisition of PRISM Vision Holdings, LLC.
Sanofi SNY rose 3% to $55.59 as the FDA granted Orphan Drug Status to the company's Rilzabrutinib for two rare autoimmune diseases with high unmet needs.