La-Z-Boy Posts Upbeat Earnings, Joins Victoria's Secret, Snowflake And Other Big Stocks Moving Higher On Thursday - Bicycle Therapeutics (NASDAQ:BCYC), Compass Pathways (NASDAQ:CMPS)

U.S. stocks traded mostly higher, with the Dow Jones index gaining around 200 points on Thursday.

Shares of La-Z-Boy Incorporated (NYSE:LZB) moved higher on Thursday as the company reported upbeat earnings results for its second quarter and increased its quarterly cash dividend by 10%.

La-Z-Boy posted adjusted earnings of 74 cents per share, beating market estimates of 62 cents per share. The company’s quarterly sales came in at $511.44 million versus estimates of $502.33 million.

La-Z-Boy shares gained 7.5% to $34.08 on Thursday.

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

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U.S. stocks traded mostly higher, with the Dow Jones index gaining around 200 points on Thursday.

Shares of La-Z-Boy Incorporated (NYSE:LZB) moved higher on Thursday as the company reported upbeat earnings results for its second quarter and increased its quarterly cash dividend by 10%.

La-Z-Boy shares gained 7.5% to $34.08 on Thursday.

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

ImmunoGen, Inc. (NASDAQ:IMGN) shares surged 80% to $28.89 after AbbVie announced it will acquire the company in a transaction valued at $31.26 per share in cash.
REX American Resources Corporation (NYSE:REX) shares rose 30.7% to $48.22 following strong third-quarter results.
Zuora, Inc. (NASDAQ:ZUO) climbed 19.5% to $9.98 after the company reported better-than-expected third-quarter financial results and issued guidance.
SpringWorks Therapeutics, Inc. (NASDAQ:SWTX) rose 18.3% to $31.75.
The InterGroup Corporation (NASDAQ:INTG) climbed 13.7% to $25.50.
Victoria's Secret & Co. (NYSE:VSCO) surged 13.6% to $26.80 following third-quarter results.
VinFast Auto Ltd. (NASDAQ:VFS) rose 11.7% to $8.44 after gaining around 8% on Wednesday.
Farfetch Limited (NYSE:FTCH) gained 11.2% to $1.0842.
Bicycle Therapeutics plc (NASDAQ:BCYC) rose 11% to $15.01.
MorphoSys AG (NASDAQ:MOR) surged 10.7% to $6.59.
QuinStreet, Inc. (NASDAQ:QNST) gained 10.4% to $12.67. B. Riley Securities upgraded QuinStreet from Neutral to Buy and raised the price target from $11 to $19.
Salesforce, Inc. (NYSE:CRM) shares climbed 8.4% to $249.69 after the company reported third-quarter financial results and issued FY24 guidance above estimates.
EverQuote, Inc. (NASDAQ:EVER) gained 7.8% to $10.33. B. Riley upgraded EverQuote from Neutral to Buy and raised the price target from $8 to $14.
Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) rose 7.7% to $2.9397.
Oatly Group AB (NASDAQ:OTLY) rose 7.5% to $1.0750.
Snowflake Inc. (NYSE:SNOW) surged 7.1% to $187.76 after the company reported better-than-expected third-quarter financial results and issued guidance.
Snap Inc. (NYSE:SNAP) rose 6.6% to $13.85 after Jefferies upgraded the stock from Hold to Buy and raised its price target from $12 to $16.
PVH Corp. (NYSE:PVH) gained 6.2% to $97.16 following upbeat earnings.
COMPASS Pathways plc (NASDAQ:CMPS) gained 6.2% to $6.30.
Nutanix, Inc. (NASDAQ:NTNX) gained 5% to $43.61 after the company reported better-than-expected first-quarter financial results and raised FY24 revenue guidance.