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Wall Street JournalScience Applications Posts Better-Than-Expected Earnings, Joins Qifu Technology, Baidu, American Eagle And Other Big Stocks Moving Higher On Monday
Benzinga·03/17/2025 17:55:04
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U.S. stocks were higher, with the Dow Jones index gaining around 350 points on Monday.
Shares of Science Applications International Corporation (NASDAQ:SAIC) rose sharply during Monday's session after the company reported better-than-expected fourth-quarter financial results.
The company reported fourth-quarter sales growth of 6% year-on-year to $1.84 billion, beating the analyst consensus estimate of $1.81 billion. Adjusted EPS of $2.57 beat the consensus estimate of $2.08.
Science Applications International shares jumped 7.1% to $111.88 on Monday.
Here are some other big stocks recording gains in today's session.
- Guess?, Inc. (NYSE:GES) shares jumped 28.5% to $12.47 after the company announced it received a non-binding proposal from WHP Global to acquire the company for $13 per share in cash.
- Diginex Limited (NASDAQ:DGNX) gained 21.3% to $64.00.
- Alpha Technology Group Limited (NASDAQ:ATGL) rose 17.1% to $30.00.
- Metsera, Inc. (NASDAQ:MTSR) gained 13.8% to $28.69.
- Qifu Technology, Inc. (NASDAQ:QFIN) rose 11.1% to $47.98 r after the company reported better-than-expected fourth-quarter financial results.
- Hesai Group (NASDAQ:HSAI) gained 10.4% to $21.83.
- Cal-Maine Foods, Inc. (NASDAQ:CALM) rose 9.9% to $91.25.
- Lionsgate Studios Corp. (NASDAQ:LION) gained 9.2% to $8.28.
- Baidu, Inc. (NASDAQ:BIDU) climbed 8.9% to $102.17 after the company announced the launch of ERNIE 4.5 and deep-thinking model ERNIE X1.
- American Eagle Outfitters, Inc. (NYSE:AEO) gained 8.6% to $12.02 after the company announced a $200 million accelerated share repurchase program with Bank of America, N.A.
- Intel Corporation (NASDAQ:INTC) gained 7.8% to $25.93 after Reuters reported new CEO Lip-Bu Tan plans to overhaul chip design and manufacturing, restart AI efforts, and examine further cost cuts.
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