Genpact Posts Upbeat Earnings, Joins Groupon, Natera, Funko, CarGurus And Other Big Stocks Moving Higher On Friday

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U.S. stocks were mostly higher, with the Dow Jones gaining over 100 points on Friday.

Shares of Genpact Limited G rose sharply during Friday's session after the company reported better-than-expected first-quarter financial results and raised its FY24 EPS range.

Genpact posted adjusted earnings of 73 cents per share, beating market estimates of 68 cents per share. The company's quarterly sales came in at $1.13 billion versus expectations of $1.11 billion, according to data from Benzinga Pro.

Genpact shares gained 6.8% to $34.26 on Friday.

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

  • Novavax, Inc. NVAX shares gained 139% to $10.73 after the company and Sanofi announced a co-exclusive licensing agreement to commercialize a COVID-19 vaccine and develop COVID-influenza combination vaccines.
  • iTeos Therapeutics, Inc. ITOS rose 40% to $17.06 after the company announced a $120 million registered direct offering and reported Q1 financial results.
  • Sweetgreen, Inc. SG shares jumped 39.4% to $32.86 after the company reported better-than-expected first-quarter sales results.
  • Ouster, Inc. OUST rose 34.3% to $13.90 after the company reported better-than-expected first-quarter financial results.
  • Organogenesis Holdings Inc. ORGO gained 32% to $3.02 following upbeat quarterly results.
  • CareDx, Inc CDNA gained 26.3% to $13.99 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.
  • Groupon, Inc. GRPN climbed 22.3% to $12.85 after the company reported better-than-expected first-quarter results.
  • ADMA Biologics, Inc. ADMA climbed 21% to $8.39 after the company reported better-than-expected first-quarter financial results and issued strong revenue guidance.
  • SoundHound AI, Inc. SOUN shares rose 19.3% to $5.66 in pre-market trading after the company reported better-than-expected first quarter financial results.
  • American Coastal Insurance Corporation ACIC gained 17.2% to $12.79 after the company reported better-than-expected first quarter financial results. The company announced the sale of 100% of its issued and outstanding stock of Interboro Insurance Company to Forza Insurance Holdings.
  • Gen Digital Inc. GEN rose 15% to $23.42 after the company reported better-than-expected quarterly earnings and authorized a $3 billion share repurchase program.
  • Mettler-Toledo International Inc. MTD rose 14.6% to $1,478.49 after the company reported better-than-expected first-quarter financial results and issued guidance.
  • Clean Energy Fuels Corp. CLNE gained 13.6% to $2.74 following upbeat quarterly results.
  • Natural Grocers by Vitamin Cottage, Inc. NGVC climbed 13.2% to $20.19 following second-quarter results.
  • Natera, Inc. NTRA gained 11.3% to $106.36 following strong first-quarter earnings.
  • NuScale Power Corporation SMR rose 11% to $6.50 following first-quarter results.
  • Integral Ad Science Holding Corp. IAS climbed 8.8% to $9.12 after the company reported better-than-expected first-quarter sales results and issued FY24 revenue guidance above estimates.
  • Dutch Bros Inc. BROS rose 8.7% to $35.68 after TD Cowen upgraded the stock from Hold to Buy and raised its price target from $33 to $46.
  • H&R Block, Inc. HRB gained 7.5% to $52.89 after the company reported better-than-expected quarterly financial results.
  • RB Global, Inc. RBA gained 7.3% to $78.24 after the company reported better-than-expected first-quarter financial results.
  • Funko Inc FNKO rose 7% to $7.30 as the company reported better-than-expected first-quarter earnings and issued strong earnings forecast for the second quarter. The company also appointed Cynthia Williams as its Chief Executive Officer, effective May 20.
  • DigitalOcean Holdings, Inc. DOCN gained 6.9% to $34.82 following better-than-expected first-quarter earnings and upbeat guidance.
  • Nelnet, Inc. NNI gained 6.4% to $104.94 after the company reported better-than-expected earnings results.
  • CarGurus, Inc. CARG rose 6.3% to $23.68 after the company reported mixed first-quarter financial results.
  • Ubiquiti Inc. UI gained 5.7% to $123.36 after the company reported mixed quarterly financial results.
  • The Boston Beer Company, Inc. SAM gained 4.1% to $296.21.
  • Array Technologies, Inc. ARRY shares gained 3.5% to $12.94 after the company reported stronger-than-expected financial results for the first quarter on Thursday.
  • Now Read This: Delta Air Lines, Live Nation Entertainment And More On CNBC’s ‘Final Trades

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