U.S. stocks surged higher, led by the Dow Jones index, which climbed around 300 points on Wednesday.

On Wednesday, Cintas Corporation (CTAS) staked its claim among the big winners, soaring after unveiling stellar third-quarter financial results and an upbeat FY24 guidance.

Surpassing market estimates, Cintas boasted GAAP earnings of $3.84 per share, exceeding the expected $3.59 per share. The company’s quarterly sales of $2.406 billion also outshined predictions of $2.386 billion.

As a testament to its triumph, Cintas’ shares surged 9.7% to $694.62 during Wednesday’s trading.

Joining Cintas in the upward trajectory were several other significant players in the market.

• PaySign, Inc. (PAYS) witnessed an impressive 28.2% jump to $4.3299 post its fourth-quarter results announcement.
• Noah Holdings Limited (NOAH) climbed 17.5% to $11.89 following its fourth-quarter financial report.
• NuScale Power Corporation (SMR) gained 17.5% to $4.89.
• The ONE Group Hospitality, Inc. (STKS) saw its shares rise by 17.2% to $4.70 after revealing plans to acquire Safflower Holdings.
• Trump Media & Technology Group Corp. (DJT) ascended 16.7% to $67.68 after a significant 16% leap on the preceding day.
• nCino, Inc. (NCNO) registered a 15.2% climb to $34.78 as the company reported robust fourth-quarter results and issued FY25 adjusted earnings guidance that surpassed expectations.
• Lexicon Pharmaceuticals, Inc. (LXRX) enjoyed an 11.6% increase to $2.22.
• Nuvation Bio Inc. (NUVB) rose by 11.3% to $3.2050 after receiving an upgrade from Jefferies, elevating the stock from Hold to Buy and raising its price target substantially.

Stay tuned for more insights: Top 3 Consumer Stocks That May Rocket Higher This Quarter