SPS Commerce Excels, Joins Other Major Stocks in Friday’s Upward Movement SPS Commerce Excels, Joins Other Major Stocks in Friday’s Upward Movement

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U.S. stocks traded mixed, with the Nasdaq Composite gaining around 100 points on Friday.

Shares of SPS Commerce, Inc. SPSC rose sharply during Friday’s session following upbeat results.

SPS Commerce posted adjusted earnings of 75 cents per share, beating market estimates of 69 cents per share. The company’s quarterly sales came in at $144.97 million versus expectations of $143.09 million, according to data from Benzinga Pro.

SPS Commerce shares jumped 10.2% to $202.57 on Friday.

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

  • Masonite International Corporation DOOR gained 34.5% to $129.99 after Owens Corning announced it will acquire the company for $3.9 billion.
  • Cloudflare, Inc. NET jumped 23.5% to $111.49 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance.
  • CleanSpark, Inc. CLSK shares rose 22% to $12.81 after the company reported a year-over-year increase in first-quarter GAAP EPS and better-than-expected sales results.
  • Centessa Pharmaceuticals plc CNTA gained 20.5% to $8.99. Centessa Pharmaceuticals will present additional 52-weeks continuous treatment data from third year ongoing Phase 2a study of SerpinPC for treatment of hemophilia at 17th Annual Congress of European Association for Haemophilia and Allied Disorders.
  • IGM Biosciences, Inc. IGMS climbed 19.2% to $15.44.
  • Natural Grocers by Vitamin Cottage, Inc. NGVC rose 18.2% to $17.51 following quarterly results.


Now Read This: Top 5 Health Care Stocks That Are Preparing To Pump In February

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