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Citi Trends Posts Upbeat Q4 Results, Joins Getty Images, Adecoagro, Elbit Systems And Other Big Stocks Moving Higher On Tuesday

Benzinga · 03/17 14:35

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U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Tuesday.

Shares of Citi Trends, Inc. (NASDAQ:CTRN) rose sharply during Tuesday's session as the company reported better-than-expected fourth-quarter financial results.

Citi Trends reported quarterly earnings of 85 cents per share which beat the analyst consensus estimate of 78 cents per share. The company reported quarterly sales of $230.393 million which beat the analyst consensus estimate of $227.424 million.

Citi Trends shares jumped 20.8% to $53.36 on Tuesday.

Here are some other big stocks recording gains in today’s session.

Getty Images Holdings Inc (NYSE:GETY) gained 17.8% to $0.90 following strong quarterly sales.
Babcock & Wilcox Enterprises Inc (NYSE:BW) surged 16.7% to $13.71.
Ichor Holdings Ltd (NASDAQ:ICHR) gained 16.1% to $49.44. Stifel analyst Brian Chin upgraded Ichor from Hold to Buy and raised the price target from $30 to $55.
Tronox Holdings PLC (NYSE:TROX) gained 15.4% to $7.71.
Solaris Energy Infrastructure Inc (NYSE:SEI) gained 15% to $65.50. Solaris Energy Infrastructure announced 900 MW capacity expansion and closed new growth capital financing.
Resolute Holdings Management Inc (NYSE:RHLD) gained 13.2% to $140.78.
Adecoagro SA (NYSE:AGRO) gained 12.5% to $12.26 after the company reported better-than-expected quarterly sales results. Also, Morgan Stanley upgraded the stock from Underweight to Equal-Weight and raised its price target from $9.5 to $13.
REalloys Inc (NASDAQ:ALOY) rose 12.1% to $12.62.
Lemonade Inc (NYSE:LMND) gained 11.9% to $64.65 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target on the stock from $80 to $85.
Elbit Systems Ltd (NASDAQ:ESLT) surged 10.4% to $965.40 after the company reported better-than-expected quarterly adjusted EPS results.
F&G Annuities & Life Inc (NYSE:FG) jumped 9.1% to $23.87. F&G Annuities & Life announced a $100 million buyback plan through March 2029.
Chemours Co (NYSE:CC) gained 8.3% to $19.11.
Navan Inc (NASDAQ:NAVN) surged 6.7% to $9.40. BMO Capital analyst Daniel Jester initiated coverage on Navan with an Outperform rating and announced a price target of $13.

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