U.S. stocks were mixed, with the Dow Jones gaining around 100 points on Wednesday.
Shares of Vertiv Holdings Co (NYSE:VRT) rose sharply after the company reported better-than-expected third-quarter financial results and raised its FY26 guidance above estimates.
Vertiv reported quarterly earnings of $2.21 per share which beat the analyst consensus estimate of $1.83 per share. The company reported quarterly sales of $4.313 billion which beat the analyst consensus estimate of $3.760 billion.
Vertiv shares jumped 13.3% to $236.19 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Ultralife Corp (NASDAQ:ULBI) jumped 145.8% to $15.61 after the company agreed to be acquired by stored energy systems and technology provider EnerSys (NYSE:ENS) in an all-cash deal valued at about $320 million.
- Braiin Limited (NASDAQ:BRAI) jumped 52.2% to $5.05 after gaining 56% on Tuesday.
- AxoGen, Inc (NASDAQ:AXGN) gained 23% to $46.09 after the company reported better-than-expected third-quarter financial results and issued FY26 revenue guidance above estimates.
- Pacific Biosciences of California Inc (NASDAQ:PACB) gained 17.1% to $2.87.
- Genmab A/S – ADR (NASDAQ:GMAB) climbed 16.4% to $52.00 after the company announced statistically significant, clinically meaningful improvement in overall survival and objective response with petosemtamab combination at first interim analysis in first-line R/M patients with PD-L1+ head and neck cancer.
- Wendy’s Co (NASDAQ:WEN) gained 15.2% to $7.08 after The Wall Street Journal reported Nelson Peltz’s Trian Fund Management has offered to buy the fast-food chain for about $1.4 billion.
- Vertiv Holdings Co (NYSE:VRT) gained 13.3% to $236.19 after the company reported better-than-expected third-quarter financial results and raised its FY26 guidance above estimates.
- Stellantis NV (NYSE:STLA) gained 12.2% to $4.67 after the company reported quarterly financial results. The CEO said that the company is on track for more than €2.4B in cost savings in 2027.
- ICON PLC (NASDAQ:ICLR) climbed 11.7% to $204.50 after the company reported upbeat quarterly financial results and raised its FY26 sales guidance.
- Hayward Holdings Inc (NYSE:HAYW) rose 11% to $14.46 after the company reported better-than-expected quarterly financial results and raised its FY26 guidance.
- OneSpaWorld Holdings Ltd (NASDAQ:OSW) gained 10.9% to $27.68 after the company reported better-than-expected quarterly financial results and raised its FY2026 sales guidance above estimates. Also, the company raised its quarterly cash dividend to $0.0625 per share and announced a new $100 million share repurchase program.
- Evercore Inc (NYSE:EVR) gained 10.7% to $287.73 after the company reported better-than-expected quarterly financial results.
- Brinker International Inc (NYSE:EAT) climbed 10.6% to $217.62 after the company reported better-than-expected quarterly financial results and raised its FY27 guidance.
- SK Hynix Inc – ADR (NASDAQ:SKHY) gained 10.5% to $160.70 after the company issued third-quarter revenue results above estimates and approved KRW 20T in share repurchases.
- ADT Inc (NYSE:ADT) rose 9.5% to $7.52.
- Labcorp Holdings Inc (NYSE:LH) jumped 9.3% to $362.00 following strong quarterly results.
- 10X Genomics Inc (NASDAQ:TXG) gained 9% to $85.05.
- Ultra Clean Holdings Inc (NASDAQ:UCTT) rose 8.8% to $56.02 after the company reported better-than-expected quarterly financial results.
- GE HealthCare Technologies Inc (NASDAQ:GEHC) gained 7.6% to $76.54 after the company reported better-than-expected third-quarter financial results and raised its FY26 adjusted EPS guidance above estimates.
- Fortive Corp (NYSE:FTV) gained 7.6% to $66.32 after the company reported upbeat third-quarter financial results and raised its FY26 guidance above estimates.
Photo via Shutterstock
