U.S. stocks were lower, with the Nasdaq Composite falling around 200 points on Wednesday.

Shares of Progress Software Corp (NASDAQ:PRGS) rose sharply after the company posted better-than-expected second-quarter results.

Progress Software reported quarterly earnings of $1.62 per share which beat the analyst consensus estimate of $1.49 per share. The company reported quarterly sales of $253.465 million which beat the analyst consensus estimate of $242.741 million.

Progress Software shares jumped 11.7% to $37.52 on Wednesday.

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

  • Sable Offshore Corp (NYSE:SOC) shares jumped 32.1% to $4.07. The company priced its concurrent public offerings of 32,467,533 shares at $3.08 per share and $300.0 million aggregate principal amount of 6.5% convertible senior notes due 2031.
  • Uxin Ltd (NASDAQ:UXIN) surged 14.8% to $1.78. Uxin announced adoption of Rule 10b5-1 purchase plan by entity controlled by Chairman and CEO.
  • PowerFleet Inc (NASDAQ:AIOT) gained 13.2% to $4.34 as the company announced a new $30 million stock repurchase program.
  • Grindr Inc (NYSE:GRND) surged 11.7% to $16.05 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $15 to $18.
  • Forward Industries Inc (NASDAQ:FWDI) jumped 10.9% to $4.68 as the company expanded Solana Treasury by over 500k SOL in fiscal Q3 2026.
  • Dlocal Ltd. (NASDAQ:DLO) gained 10.7% to $14.39. UBS analyst Kaio Prato upgraded DLocal from Neutral to Buy and raised the price target from $16 to $20.
  • Air Global PLC (NASDAQ:AIIR) rose 10.3% to $7.39.
  • Talos Energy Inc (NYSE:TALO) gained 8.4% to $14.00 after the company announced the execution of a definitive agreement to jointly acquire certain deepwater assets in the Gulf of Mexico from Shell Offshore. The company commenced an $800 million offering.
  • General Mills Inc (NYSE:GIS) rose 7.4% to $37.40 after the company reported better-than-expected quarterly financial results.
  • Kyndryl Holdings Inc (NYSE:KD) gained 6.7% to $12.07. Kyndryl partnered with Microsoft to expand sovereignty solutioning.
  • Meta Platforms Inc (NASDAQ:META) gained 6.3% to $599.01 following a report indicating the company is building a cloud business to sell excess AI compute.
  • Churchill Capital Corp XI (NASDAQ:CCXI) gained 5.2% to $18.36 as traders continue to weigh the latest SEC filing details tied to its definitive merger agreement with Agility Robotics.

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