U.S. stocks were lower, with the Dow Jones index falling around 500 points on Friday.
Shares of Monolithic Power Systems, Inc MPWR increased dramatically throughout Friday’s session after the business reported better-than-expected second-quarter monetary outcomes and released third-quarter sales assistance above price quotes.
Monolithic Power Systems reported quarterly incomes of $4.21 per share which beat the expert agreement price quote of $4.11 per share. The business reported quarterly sales of $664.57 million which beat the expert agreement price quote of $649.88 million.
Monolithic Power Systems shares leapt 8% to $768.00 on Friday.
Trending Financial Investment Opportunities
Here are some other huge stocks taping gains in today’s session.
- Alphatec Holdings, Inc ATEC shares leapt 29.4% to $13.69 after the business raised its FY 2025 sales assistance above price quotes.
- Workiva Inc WK got 23.8% to $79.04 after the business released third-quarter changed EPS and GAAP EPS assistance above price quotes and raised its FY25 assistance.
- Cooper-Standard Holdings Inc CPS got 23% to $29.63 after the business reported better-than-expected second-quarter monetary outcomes and released FY25 sales assistance above price quotes.
- User Interface, Inc TILE leapt 18.2% to $24.37 after the business reported better-than-expected second-quarter monetary outcomes and raised its FY25 sales assistance above price quotes.
- Bio-Rad Laboratories, In c. BIO got 17.3% to $283.77 after the business reported better-than-expected quarterly monetary outcomes.
- iRhythm Technologies, Inc IRTC increased 16.8% to $163.86 after the business reported better-than-expected quarterly monetary outcomes.
- Reddit, Inc. RDDT increased 16.3% to $186.90 after the business reported better-than-expected second-quarter monetary outcomes and released third-quarter sales assistance above price quotes.
- AppFolio, Inc. APPF got 15.5% to $308.91 after the business reported better-than-expected second-quarter monetary outcomes and raised its FY25 sales assistance above price quotes.
- Abundant Shimmer Holdings Limited ANPA increased 14.4% to $31.65.
- Rocket Business, Inc RKT got 13.5% to $16.76 after the business reported better-than-expected quarterly monetary outcomes.
- Mr. Cooper Group Inc CAGE increased 13.3% to $176.39.
- nVent Electric plc NVT got 11.5% to $87.44 after the business reported better-than-expected quarterly monetary outcomes and raised its FY25 changed EPS assistance.
- Fulgent Genes, In c. FLGT got 11% to $19.07 after the business reported better-than-expected quarterly monetary outcomes and raised its FY25 assistance above price quotes.
- Intense Horizons Household Solutions Inc BFAM got 7.8% to $121.96 after the business reported better-than-expected quarterly monetary outcomes and raised its FY25 assistance above price quotes.
Now Read This:
Picture by means of Shutterstock
Market News and Data gave you by Benzinga APIs