Despegar.com, Zai Lab, Bloom Energy And Other Big Stocks Moving Higher On Friday

Benzinga11-15 23:12

U.S. stocks were lower, with the Dow Jones index falling around 300 points on Friday.

Shares of Despegar.com, Corp. (NYSE:DESP) rose sharply during Friday's session after the company reported better-than-expected third-quarter sales.

The company said it sees FY24 revenue of at least $760 million and adjusted EBITDA of at least $170 million

Despegar.com shares jumped 19.1% to $17.70 on Friday.

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

  • Bloom Energy Corporation (NYSE:BE) shares jumped 43% to $18.98. Bloom Energy announced a 1 GW fuel cell deal with AEP, providing clean power for AI Data Centers.
  • Red Cat Holdings, Inc. (NASDAQ:RCAT) gained 22.3% to $4.9200.
  • Intuitive Machines, Inc. (NASDAQ:LUNR) gained 13% to $11.56. The company reported third-quarter results on Thursday.
  • Century Aluminum Company (NASDAQ:CENX) rose 12.6% to $23.77.
  • COMPASS Pathways plc (NASDAQ:CMPS) jumped 12.5% to $5.50.
  • Lifeway Foods, Inc. (NASDAQ:LWAY) gained 11% to $24.85. The company reported quarterly results on Thursday.
  • Kingsoft Cloud Holdings Limited (NASDAQ:KC) rose 10.3% to $5.13. Kingsoft Cloud Holdings will release its unaudited financial results for the third quarter before the open of U.S. markets on Tuesday, Nov. 19.
  • Alcoa Corporation (NYSE:AA) gained 7.7% to $44.40.
  • Zai Lab Limited (NASDAQ:ZLAB) shares rose 6.3% to $28.34. The company priced a $200 million public offering of 7,843,137 shares at $25.50 per ADS.
  • Palantir Technologies Inc. (NYSE:PLTR) gained 6% to $62.72 after the company announced it will transfer its stock exchange listing over to the Nasdaq.
  • The Walt Disney Company (NYSE:DIS) rose 3% to $112.38. The company reported quarterly results on Thursday.

Now Read This:

  • Top 4 Energy Stocks That Could Blast Off In November
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