Designer Brands, Calavo Growers, Couchbase And Other Big Stocks Moving Higher On Thursday
Portfolio Pulse from Lisa Levin
Despite a mostly lower trading day, several stocks recorded gains. Designer Brands, G-III Apparel Group, and Calavo Growers reported upbeat Q2 and Q3 results respectively, leading to significant stock price increases. Nurix Therapeutics rose after a deal with Seagen, while Couchbase gained following Q2 results. WestRock Company is discussing a potential combination with Smurfit Kappa Group, and UiPath reported better-than-expected Q2 results. Apollo Medical Holdings and John Wiley & Sons also saw increases following strong quarterly results.
September 07, 2023 | 2:01 pm
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POSITIVE IMPACT
Apollo Medical Holdings gained 4%.
The article does not provide a specific reason for the increase in Apollo Medical Holdings' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Couchbase gained following Q2 results.
Positive earnings reports typically lead to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Calavo Growers reported Q3 results, leading to a 12.8% increase in stock price.
Positive earnings reports typically lead to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Designer Brands reported upbeat Q2 results, leading to a 16% increase in stock price.
Positive earnings reports typically lead to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
G-III Apparel Group reported upbeat Q2 results, leading to a 13.7% increase in stock price.
Positive earnings reports typically lead to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Nurix Therapeutics rose after a deal with Seagen to develop a portfolio of degrader-antibody conjugates.
Partnerships and collaborations often lead to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
UiPath reported better-than-expected Q2 results.
Positive earnings reports typically lead to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
John Wiley & Sons rose following strong quarterly results.
Positive earnings reports typically lead to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
WestRock Company is discussing a potential combination with Smurfit Kappa Group.
Potential mergers or acquisitions often lead to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100