U.S. stocks traded higher, with the Dow Jones index gaining around 50 points on Tuesday.
Shares of Blue Bird Corporation (NASDAQ: BLBD) shares rose sharply during Tuesday’s session after the company reported better-than-expected financial results for its fourth quarter and increased its FY24 revenue forecast.
Blue Bird reported quarterly earnings of 66 cents per share, exceeding the analyst expectations of 48 cents. Revenue clocked in at $302.96 million which beat the analyst consensus estimate of $290.11 million.
Blue Bird shares gained 9.1% to $23.80 on Tuesday.
Here are some other big stocks recording gains in today’s session.
- Icosavax, Inc. (NASDAQ: ICVX) rose jumped 47.1% to $15.43 after AstraZeneca announced plans to buy Icosavax ...