U.S. stocks were lower, with the Dow Jones falling around 700 points on Friday.
Shares of Selective Insurance Group Inc (NASDAQ:SIGI) rose sharply after the company reported better-than-expected third-quarter adjusted EPS results. The company authorized a $200 million share buyback and increased its quarterly dividend.
Selective Insurance reported quarterly earnings of $2.37 per share which beat the analyst consensus estimate of $1.91 per share. The company reported quarterly sales of $1.123 billion which missed the analyst consensus estimate of $1.172 billion.
Selective Insurance shares jumped 6.1% to $97.38 on Friday.
Here are some other big stocks recording gains in today’s session.
- Robert Half Inc (NYSE:RHI) shares jumped 13.7% to $42.85 after the company reported better-than-expected third-quarter financial results.
- Crown Castle Inc (NYSE:CCI) surged 11.6% to $88.00 following reports suggesting that SpaceX is trying to secure access to 80,000 cell cites across the U.S. and is discussing leases with the company.
- Quantum Corp (NASDAQ:QMCO) rose 9.5% to $18.60. Cantor Fitzgerald analyst Brett Knoblauch initiated coverage on Quantum with an Overweight rating and announced a price target of $29.
- Enovix Corp (NASDAQ:ENVX) gained 8.6% to $2.77.
- newcleo plc (NASDAQ:NWCL) gained 8.5% to $4.61.
- Braiin Ltd (NASDAQ:BRAI) rose 8.5% to $4.20.
- SBA Communications Corp (NASDAQ:SBAC) gained 8.4% to $193.32.
- Pharming Group NV – ADR (NASDAQ:PHAR) surged 8% to $11.45.
- UWM Holdings Corp (NASDAQ:UWMC) rose 7.8% to $1.24 after announcing preliminary third quarter 2026 results and updated financial disclosure.
- Hesai Group – ADR (NASDAQ:HSAI) gained 7.8% to $13.10.
- RingCentral Inc (NYSE:RNG) rose 7.6% to $85.51 after the company reported better-than-expected quarterly financial results and raised its FY26 guidance above estimates.
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