LTH - Advance Auto Parts Reports Q4 Results Joins B&G Foods Vipshop ADT And Other Big Stocks Moving Higher On Wednesday | Benzinga
U.S. stocks were lower, with the Dow Jones index falling around 100 points on Wednesday.
Shares of Advance Auto Parts, Inc. (NYSE: AAP) rose during Wednesday’s session following fourth quarter financial results.
Advance Auto Parts reported fourth-quarter revenues of $2.465 billion, almost in line with the Wall Street view of $2.464 billion. Comparable store sales for the fourth quarter of 2023 decreased by 1.4%. The company reported a quarterly loss of 59 cents per share.
Advance Auto Parts shares gained 5.3% to $68.18 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Beyond Meat, Inc. (NASDAQ: BYND) rose 44% to $10.83 as the company reported stronger-than-expected sales for its fourth quarter.
- Applied Therapeutics, Inc. (NASDAQ: APLT) surged 36% to $7.59 after the company announced FDA acceptance and priority review of the NDA for govorestat for the treatment of Classic Galactosemia. The company also announced a $100 million private placement.
- ACM Research, Inc. ...