Workday, Electronic Arts, Ulta Beauty And Some Other Big Stocks Moving Higher On Friday

by Lisa Levin, Benzinga Editor

August 26, 2022 11:03 AM | 2 min read | Make a Comment

Micro Focus International plc MFGP shares jumped 95.4% to $6.11 after the company reached an agreement with OpenText to be acquired for $6 billion.

Farfetch LimitedFTCH rose 31.8% to $12.58 after reporting better-than-expected quarterly results.

Akili, Inc. AKLI shares gained 23.5% to $5.09 after dropping 20% on Thursday.

The L.S. Starrett Company SCX jumped 15.1% to $8.73 after the company reported FY22 results.

Everbridge, Inc. EVBG rose 12.1% to $40.09. Everbridge recently reported better-than-expected Q2 sales results and issued Q3 guidance above analyst estimates.

Cassava Sciences, Inc. SAVA jumped 9.7% to $29.92.

TAL Education Group TAL rose 9.1% to $5.89.

PagSeguro Digital Ltd. PAGS surged 9% to $16.40. Deutsche Bank maintained PagSeguro Digital with a Buy and lowered the price target from $29 to $25.

Destination XL Group, Inc. DXLG gained 7.4% to $5.41. Destination XL Group reported better-than-expected Q2 GAAP EPS and sales results and raised FY22 sales guidance.

Silence Therapeutics plc SLN gained 7.4% to $10.77.

Daqo New Energy Corp. DQ jumped 7.2% to $71.36.

Workday, Inc. WDAY rose 6.3% to $172.53 after the company reported upbeat earnings for its second quarter. The company maintained full-year subscription revenue guidance between $5.537 billion and $5.557 billion.

Rite Aid Corporation RAD gained 6.2% to $8.04.

Electronic Arts Inc. EA gained 5.1% to $134.06 amid reports suggesting Amazon is set to buy the company. However, CNBC said Amazon is not expected to make a bid for Electronic Arts.

Ulta Beauty, Inc. ULTA rose 2.8% to $430.82 as the company reported better-than-expected results for its second quarter and raised its FY22 guidance.

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