Z - Charles River Laboratories International Posts Upbeat Results Joins Robinhood Zillow Tower Semiconductor And Other Big Stocks Moving Higher On Wednesday | Benzinga
U.S. stocks were higher, with the Dow Jones index gaining more than 100 points on Wednesday.
Shares of Charles River Laboratories International, Inc. (NYSE: CRL) rose sharply during Wednesday’s session after the company reported better-than-expected fourth-quarter results and issued guidance above estimates.
Charles River posted adjusted earnings of $2.46 per share, beating market estimates of $2.40 per share. The company’s quarterly sales came in at $1.01 billion versus expectations of $991.25 million.
Charles River Laboratories International, Inc. (NYSE: CRL) rose 7.2% to $236.00 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Lyft, Inc. (NASDAQ: LYFT) shares rose 34.3% to $16.29 after the company reported fourth-quarter sales of $1.22 billion and gross bookings of $3.7 billion, up 17% year-over-year. The company’s CFO, Erin Brewer, said the adjusted EBITDA margin is projected to expand 50 basis points in 2024.
- Healthcare Services Group, Inc. (NASDAQ: HCSG) rose 25.7% to $11.90 following upbeat earnings.
- Larimar Therapeutics, ...