Fastenal Posts Upbeat Earnings, Joins Wells Fargo, JPMorgan And Other Big Stocks Moving Higher On Friday - Fastenal (NASDAQ:FAST)

U.S. stocks were higher, with the Dow Jones index gaining around 250 points on Friday.

Shares of Fastenal Company (NASDAQ:FAST) rose sharply during Friday's session after the company reported better-than-expected third-quarter financial results.

Fastenal reported sales growth of 3.5% year-over-year to $1.910 billion, beating the consensus of $1.908 billion. Unit sales increased in the quarter due to growth from larger customers, new Onsite locations, and an extra selling day, despite minor disruptions from Hurricane Helene and stable pricing. The company's third-quarter EPS was 52 cents, above the estimate of 51 cents.

Fastenal shares jumped 6% to $74.18 on Friday.

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

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U.S. stocks were higher, with the Dow Jones index gaining around 250 points on Friday.

Shares of Fastenal Company (NASDAQ:FAST) rose sharply during Friday's session after the company reported better-than-expected third-quarter financial results.

Fastenal shares jumped 6% to $74.18 on Friday.

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

Torrid Holdings Inc. (NYSE:CURV) shares jumped 13% to $3.78.
Pacific Biosciences of California, Inc. (NASDAQ:PACB) surged 12% to $1.7350 after the company announced it signed a research collaboration agreement with the National Cancer Center of Singapore. The project will use the company’s sequencing technologies.
Symbotic Inc. (NASDAQ:SYM) gained 11.5% to $30.66.
Digital Turbine, Inc. (NASDAQ:APPS) rose 10.6% to $3.2750.
Mesoblast Limited (NASDAQ:MESO) gained 10.6% to $10.32.
Capricor Therapeutics, Inc. (NASDAQ:CAPR) shares jumped 10.4% to $18.92 after the company announced it reported long-term data from its HOPE-2 OLE study for Duchenne muscular dystrophy at the 2024 World Muscle Society Congress. Additionally, HC Wainwright & Co. raised its price target on the stock from $40 to $77.
Nuvation Bio Inc. (NASDAQ:NUVB) gained 9.5% to $2.2000.
Wolfspeed, Inc. (NYSE:WOLF) rose 9.1% to $10.36.
Lyft, Inc. (NASDAQ:LYFT) gained 8.7% to $13.49 in reaction to Tesla announcing that a rival offering, the Cybercab, will go into production in 2026.
Aehr Test Systems, Inc. (NASDAQ:AEHR) rose 8.6% to $14.47 after the company reported better-than-expected first-quarter financial results.
Uber Technologies, Inc. (NYSE:UBER) gained 8.2% to $84.34 in reaction to Tesla announcing that a rival offering, the Cybercab, will go into production in 2026.
Trump Media & Technology Group Corp. (NASDAQ:DJT) gained 8% to $26.04 on continued upward momentum.
MicroStrategy Incorporated (NASDAQ:MSTR) gained 7.8% to $197.69.
Wells Fargo & Company (NYSE:WFC) rose 5.6% to $60.98 following upbeat quarterly earnings.
JPMorgan Chase & Co. (NYSE:JPM) gained 4.6% to $222.57 after reporting strong quarterly results.