U.S. stocks traded higher, with the Nasdaq Composite gaining around 50 points on Wednesday.
Shares of Hewlett Packard Enterprise Company (NYSE: HPE) moved higher during Wednesday’s session following upbeat earnings.
Hewlett Packard posted adjusted earnings of 52 cents per share, topping market estimates of 50 cents per share. The company’s quarterly sales came in at $7.351 billion versus estimates of $7.352 billion.
Hewlett Packard Enterprise shares climbed 8.5% to $16.84 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Rover Group, Inc. (NASDAQ: ROVR) rose 28.4% to $10.91 after the company announced it agreed to be acquired by Blackstone in a $2.3 billion transaction.
- Fluence Energy, Inc. (NASDAQ: FLNC) shares climbed 27% to $25.73 after reporting fourth-quarter results. Fluence Energy also initiated FY24 revenue guidance of $2.7 billion to $3.3 billion.
- Newegg ...