WVE - Box Reports Upbeat Earnings Joins American Public Education Wave Life Sciences And Other Big Stocks Moving Higher On Wednesday | Benzinga
U.S. stocks were higher, with the Dow Jones index gaining more than 200 points on Wednesday.
Shares of Box, Inc. (NYSE: BOX) rose sharply during Wednesday’s session after the company reported better-than-expected fourth-quarter EPS and announced a $100 million expansion of its stock repurchase program.
Total revenues were up 2% on a year-over-year basis. Billings were up 6% in the fourth quarter, coming in at $379.3 million. The company also issued first-quarter revenue guidance above estimates.
Box shares climbed 7.3% to $29.25 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- TRxADE HEALTH, Inc. (NASDAQ: MEDS) shares jumped 39.2% to $11.19 after the company announced a special cash dividend of $8 per share.
- American Public Education, Inc. (NASDAQ: APEI) rose 31.8% to $14.99 following upbeat quarterly results.
- Dada Nexus Limited (NASDAQ: DADA) jumped 30.6% to $2.5740. Dada Nexus said certain revenues and associated costs were overstated in past financial statements.
- Wave Life Sciences Ltd. (NYSE: WVE) rose 28.5% to $6.16 following upbeat quarterly results.
- CareMax, Inc. (NASDAQ: CMAX) jumped 23.8% to $14.72.
- Lantern Pharma Inc. (NASDAQ: