U.S. stocks were slightly higher, with the Dow Jones index gaining around 0.1% on Wednesday.
Shares of Guidewire Software, Inc. (NYSE:GWRE) rose sharply during Wednesday's session after the company reported better-than-expected third-quarter financial results. Also, multiple firms raised their respective price targets on the stock.
Guidewire Software reported quarterly earnings of 88 cents per share which beat the analyst consensus estimate of 47 cents per share. The company reported quarterly sales of $293.51 million which beat the analyst consensus estimate of $286.39 million.
Guidewire Software shares jumped 19.1% to $259.83 on Wednesday.
Here are some other big stocks recording gains in today’s session.
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