WRLD - World Acceptance Posts Upbeat Earnings Joins Kaman Spirit Airlines And Other Big Stocks Moving Higher On Friday | Benzinga
U.S. stocks traded higher, with the Dow Jones index gaining around 50 points on Friday.
Shares of World Acceptance Corporation (NASDAQ: WRLD) rose sharply during Friday’s session following upbeat quarterly results.
World Acceptance posted quarterly earnings of $2.84 per share, beating market estimates of $1.88 per share. The company’s quarterly sales came in at $137.75 million versus expectations of $130.58 million.
World Acceptance shares jumped 10.2% to $134.00 on Friday.
Here are some other big stocks recording gains in today’s session.
- Kaman Corporation (NASDAQ: KAMN) shares gained 101.3% to $45.14 after the company announced it will be acquired by Arcline for $1.8 billion.
- Edgewise Therapeutics, Inc. (NASDAQ: EWTX) jumped 37.3% to $13.30 after the company announced pricing of its $240 million underwritten offering of 21,818,182 shares at $11 per share.
- Tricon Residential Inc. (NYSE: TCN) shares rose 28.2% to $11.06 Blackstone and Tricon Residential entered into an arrangement agreement ...