WULF - Sportradar Group Posts Upbeat Earnings Joins Kingsoft Cloud Braskem And Other Big Stocks Moving Higher On Wednesday | Benzinga
U.S. stocks were mixed, with the Dow Jones index gaining around 0.1% on Wednesday.
Shares of Sportradar Group AG (NASDAQ: SRAD) rose sharply during Wednesday’s session after the company reported better-than-expected fourth-quarter results and authorized a $200 million share repurchase program.
Sportradar posted quarterly earnings of 8 cents per share, beating market estimates of 4 cents per share. The company’s quarterly sales came in at $271.88 million, beating market expectations of $271.46 million, according to data from Benzinga Pro.
Sportradar Group shares jumped 10.7% to $11.17 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Annovis Bio, Inc. (NASDAQ: ANVS) shares surged 25.6% to $11.21 after the company announced the completion of data cleaning for its Phase 2/3 study of Buntanetap in patients with mild to moderate Alzheimer's disease, with Topline efficacy data expected in April.
- Taysha ...