AAR, Lucid Group, Monarch Casino & Resort And Other Big Stocks Moving Higher On Thursday

U.S. stocks were higher, with the Nasdaq gaining around 100 points on Thursday.

Shares of AAR Corp. (NYSE:AIR) rose sharply during Thursday's session after the company reported fourth-quarter financial results and beat its adjusted EPS and revenue estimates.

AAR reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $1.01 per share The company reported quarterly sales of $754.500 million which beat the analyst consensus estimate of $695.714 million.

AAR shares jumped 12.7% to $84.41 on Thursday.

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

• Lucid Group, Inc (NASDAQ:LCID) shares jumped 30.5% to $2.9897 after the company, Nuro, and Uber announced a global robotaxi program developed for the Uber ride-hailing platform.
• Palladyne AI Corp. (NASDAQ:PDYN) gained 24% to $11.98.
• Monarch Casino & Resort, Inc. (NASDAQ:MCRI) shares rose 21.3% to $106.01 as the company reported better-than-expected second-quarter financial results on Wednesday.
• Pagaya Technologies Ltd. (NASDAQ:PGY) climbed 20.7% to $28.41 after the company issued second-quarter revenue guidance above estimates.
• Opendoor Technologies Inc. (NASDAQ:OPEN) gained 20.1% to $1.7906.
• Waterdrop Inc. (NYSE:WDH) gained 16.5% to $1.69.
• Sarepta Therapeutics, Inc. (NASDAQ:SRPT) rose 16% to $21.33 after the company announced plans to restructure, reduce headcount, and implement cost-saving measures. Baird raised its price target on the stock from $30 to $35.
• QuantumScape Corporation (NASDAQ:QS) gained 14.4% to $12.98.
• BigBear.ai Holdings, Inc. (NYSE:BBAI) rose 13.3% to $8.07.
• Unity Software Inc. (NYSE:U) gained 13.3% to $38.44. UBS analyst Chris Kuntarich maintained Unity Software with a Neutral and raised the price target from $22 to $33.
• Rocket Lab Corporation (NASDAQ:RKLB) gained 7.2% to $51.12.
• SoundHound AI, Inc. (NASDAQ:SOUN) rose 7.2% to $12.63.
• Applied Digital Corporation (NASDAQ:APLD) gained 7.1% to $10.78.
• Albemarle Corporation (NYSE:ALB) rose 5.5% to $74.31.

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