February 14, 2024 10:36 AM | 3 min read
U.S. stocks witnessed a surge, with the Dow Jones index gaining more than 100 points on Wednesday.
Shares of Charles River Laboratories International, Inc. CRL rocketed upward during Wednesday’s session after the company presented impressive fourth-quarter results, surpassing market expectations and issuing a bullish guidance.
The company’s quarterly sales hit $1.01 billion, outperforming the projected $991.25 million. Adjusted earnings per share stood at $2.46, beating market estimates of $2.40 per share.
As a result, Charles River Laboratories International, Inc. CRL ascended 7.2% to $236.00 on Wednesday.
Several other significant stocks made substantial gains in the trading session:
- Lyft, Inc. LYFT shares surged 34.3% to $16.29 after the company announced impressive fourth-quarter sales of $1.22 billion and gross bookings of $3.7 billion, up 17% year-over-year.
- Healthcare Services Group, Inc. HCSG climbed 25.7% to $11.90 following upbeat earnings.
- Riot Platforms, Inc. RIOT rose 10% to $16.98 amid strength in Bitcoin.
- IQVIA Holdings Inc. IQV gained 9.7% to $236.20 following upbeat results.
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