Enerpac Tool Group Posts Upbeat Results, Joins Praxis Precision Medicines, J B Hunt, Salesforce And Other Big Stocks Moving Higher On Thursday

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U.S. stocks were higher, with the Nasdaq Composite gaining more than 50 points on Thursday.

Shares of Enerpac Tool Group Corp (NYSE:EPAC) rose sharply during Thursday's session following better-than-expected fourth-quarter results.

Enerpac Tool Group reported quarterly earnings of 52 cents per share which beat the analyst consensus estimate of 51 cents per share. The company reported quarterly sales of $167.515 million which beat the analyst consensus estimate of $164.700 million.

Enerpac Tool Group Corp shares jumped 7.3% to $43.24 on Thursday.

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

• Praxis Precision Medicines Inc (NASDAQ:PRAX) shares gained 199.1% to $171.51. The clinical-stage biopharmaceutical company released topline results for the Phase 3 Essential3 program of ulixacaltamide in essential tremor (ET).
• Nova Minerals Ltd – ADR (NASDAQ:NVA) gained 32.8% to $72.50. Nova Minerals announced a 5-for-1 ADR forward split to enhance liquidity, effective Oct. 28.
• Cellectis SA (NASDAQ:CLLS) surged 24.3% to $5.11.
• J B Hunt Transport Services Inc (NASDAQ:JBHT) surged 17.7% to $163.42 after the company reported better-than-expected quarterly financial results. Also, multiple firms raised their respective price targets on the stock.
• Standard Lithium Ltd (NYSE:SLI) jumped 17.5% to $6.02.
• Grail Inc (NASDAQ:GRAL) shares rose 15% to $86.83 after the company announced it signed a binding Letter of Intent for a strategic collaboration with Samsung C&T and Samsung Electronics to bring its Galleri multi-cancer early detection test to key Asian markets. Samsung C&T And Samsung Electronics also agreed to invest $110 million into the company.
• DBV Technologies SA – ADR (NASDAQ:DBVT) gained 9.3% to $17.40.
• Salesforce Inc (NYSE:CRM) shares rose 7.7% to $254.70 after the company announced a new long-term revenue target of $60B+ by FY30, implying a 10%+ organic FY26 to FY30 compounded annual growth rate.
• Perpetua Resources Corp (NASDAQ:PPTA) gained 7.1% to $29.46.
• 3D Systems Corp (NYSE:DDD) gained 6.8% to $3.50.
• Fabrinet (NYSE:FN) rose 6.2% to $423.13. JP Morgan analyst Samik Chatterjee maintained Fabrinet with an Overweight rating and raised the price target from $345 to $430.
• Western Digital Corp (NASDAQ:WDC) gained 6% to $127.62. Wedbush analyst Matt Bryson maintained Western Digital with an Outperform rating and raised the price target from $90 to $135.

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