News Detail

ManpowerGroup Posts Upbeat Q2 Earnings, Joins Docebo, Zentalis Pharmaceuticals And Other Big Stocks Moving Higher On Friday

Benzinga · 07/17 14:09

Listen to the news

U.S. stocks were lower, with the Nasdaq Composite falling around 400 points on Friday.

Shares of ManpowerGroup Inc (NYSE:MAN) rose sharply after the company reported upbeat second-quarter results and issued third-quarter earnings guidance above expectations.

Adjusted earnings were 99 cents per share, topping analysts’ consensus estimate of 95 cents. Revenue rose 8% year over year to $4.86 billion, or 6% in constant currency, exceeding estimates of $4.72 billion.

ManpowerGroup shares jumped 5.8% to $54.63 on Friday.

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

Phoenix Asia Holdings Ltd (NASDAQ:PHOE) shares jumped 23.2% to $30.50.
Sweetgreen Inc (NYSE:SG) shares gained 17.2% to $7.31. Sweetgreen will announce second quarter results on Aug. 6.
Trevi Therapeutics Inc (NASDAQ:TRVI) shares jumped 10.6% to $19.20.
Docebo Inc (NASDAQ:DCBO) gained 10.5% to $20.48 as the company reported preliminary second-quarter sales of $68.3 million-$68.5 million, up 12.5%-12.9% year-over-year and announced a $70 million stock repurchase.
Zentalis Pharmaceuticals Inc (NASDAQ:ZNTL) gained 10.3% to $5.04. Mizuho analyst Graig Suvannavejh initiated coverage on Zentalis Pharmaceuticals with an Outperform rating and announced a price target of $8.
Green Plains Inc (NASDAQ:GPRE) surged 9.8% to $18.90. UBS analyst Manav Gupta maintained Green Plains with a Neutral and raised the price target from $12 to $20.
Sellas Life Sciences Group Inc (NASDAQ:SLS) gained 9.4% to $12.85.
Frequency Electronics Inc (NASDAQ:FEIM) gained 9.4% to $61.41. Frequency Electronic recently reported worse-than-expected quarterly financial results.
Travelers Companies Inc (NYSE:TRV) shares rose 7.8% to $364.26 after the company reported better-than-expected quarterly financial results.
Biohaven Ltd (NYSE:BHVN) gained 6.3% to $15.06.
Kosmos Energy Ltd (NYSE:KOS) shares jumped 6.3% to $2.28.
BJ’s Restaurants Inc (NASDAQ:BJRI) surged 6.3% to $66.38. Benchmark analyst Todd M. Brooks maintained BJ’s Restaurants with a Buy and raised the price target from $50 to $68.
MBX Biosciences Inc (NASDAQ:MBX) gained 4.2% to $60.77.

Photo via Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.

What's Trending

No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.