U.S. stocks were lower, with the Dow Jones index falling around 200 points on Wednesday.
Shares of General Dynamics Corp (NYSE:GD) rose sharply after the company reported better-than-expected first-quarter financial results.
General Dynamics reported quarterly earnings of $4.10 per share which beat the analyst consensus estimate of $3.68 per share. The company reported quarterly sales of $13.481 billion which beat the analyst consensus estimate of $12.709 billion.
General Dynamics shares jumped 9.1% to $342.16 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Kalvista Pharmaceuticals Inc (NASDAQ:KALV) shares jumped 39% to $26.74 after the company announced it will be acquired by Chiesi Group.
- Silicon Motion Technology Corp. (NASDAQ:SIMO) gained 31% to $195.36 after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance above estimates.
- NXP Semiconductors NV (NASDAQ:NXPI) gained 24.7% to $287.48 as the company reported upbeat first-quarter financial results.
- Bloom Energy Corp (NYSE:BE) surged 19.9% to $271.31 after the company reported better-than-expected first-quarter financial results and raised its FY26 guidance above estimates.
- PROG Holdings Inc (NYSE:PRG) rose 19.2% to $34.42 following upbeat quarterly earnings.
- Porch Group Inc (NASDAQ:PRCH) gained 17.7% to $10.11 after the company reported better-than-expected first-quarter financial results and raised its FY26 sales guidance above estimates.
- Extreme Networks Inc (NASDAQ:EXTR) jumped 17% to $19.95 following strong quarterly earnings.
- Seagate Technology Holdings PLC (NASDAQ:STX) gained 16.4% to $673.74 following upbeat earnings.
- Vita Coco Company Inc (NASDAQ:COCO) gained 15.6% to $59.69 after the company announced better-than-expected first-quarter financial results and raised its FY26 sales guidance above estimates.
- Brinker International Inc (NYSE:EAT) rose 13.5% to $146.56 after the company reported better-than-expected quarterly adjusted EPS results.
- Rush Street Interactive Inc (NYSE:RSI) gained 13.5% to $27.26 after the company reported better-than-expected quarterly financial results and raised its FY26 sales guidance above estimates.
- Delek US Holdings Inc (NYSE:DK) rose 12.2% to $46.08 following strong quarterly results.
- Generac Holdings Inc (NYSE:GNRC) jumped 11.5% to $242.26 after the company reported better-than-expected quarterly financial results.
- Maxlinear Inc (NASDAQ:MXL) gained 11.4% to $57.93.
- Element Solutions Inc (NYSE:ESI) rose 10.3% to $42.72 after the company reported better-than-expected quarterly financial results.
- Western Digital Corp (NASDAQ:WDC) gained 9.4% to $427.86.
- Penske Automotive Group Inc (NYSE:PAG) gained 8.6% to $175.60 following strong quarterly earnings.
- Visa Inc (NYSE:V) gained 8.5% to $335.76 after the company reported better-than-expected second-quarter financial results.
- Centene Corp (NYSE:CNC) gained 7% to $53.06.
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