Lam Research, Xerox, FormFactor, Microsoft And Other Big Stocks Moving Higher On Thursday
U.S. stocks were higher, with the Dow Jones index gaining around 300 points on Thursday. Shares of Lam Research Corp (NASDAQ: LRCX ) rose sharply after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates. Lam Research reported fourth-quarter revenue of $6.72 billion, beating analyst estimates of $6.67 billion, according to Pro. The company posted adjusted earnings of $1.82 per share for the quarter, beating estimates of $1.68 per share. Lam Research shares jumped 20.1% to $303.00 on Thursday. Here are some other big stocks recording gains in today’s session. Xerox Holdings Cor p (NASDAQ: XRX ) shares jumped 37.3% to $3.62 after the company reported better-than-expected quarterly financial results. Columbus McKinnon Corp (NASDAQ: CMCO ) gained 35.9% to $19.87 following upbeat quarterly results. SharonAI Hold...
S. stocks were higher, with the Dow Jones index gaining around 300 points on Thursday. Shares of Lam Research Corp (NASDAQ: LRCX ) rose sharply after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates. 67 billion, according to Pro.
68 per share. 00 on Thursday. Here are some other big stocks recording gains in today’s session. 62 after the company reported better-than-expected quarterly financial results.
87 following upbeat quarterly results. 23. 18 after Intercontinental Exchange announced it will acquire the company. 38 after the company reported better-than-expected quarterly financial results and raised its FY26 sales guidance above estimates.
00. 09. 46. 33 after the company reported better-than-expected second-quarter financial results and issued third-quarter guidance above estimates.
26. Keefe, Bruyette & Woods analyst Stephen Glagola upgraded Core Scientific from Market Perform to Outperform and raised the price target from $25 to $28. 51 after the company reported better-than-expected second-quarter financial results and raised its FY26 guidance above estimates. 01.
20. 91. 49 after the company reported better-than-expected fourth-quarter financial results. 09.
10. 89. 82 after UBS initiated coverage on the stock with a Buy rating and announced a $204 price target. 58.
08 after the company reported better-than-expected quarterly financial results. 3 billion buyback. 40. Photo via Shutterstock