Macy's Increases FY2025 Outlook, Joins REV Group, HealthEquity, Alphabet and Wellness And Other Big Stocks Moving Higher On Wednesday

Houston,,Texas,,Usa,-,March,3,,2022:,A,Macy's,Store

U.S. stocks were mixed, with the Dow Jones index falling over 150 points on Wednesday.

Shares of Macy’s, Inc. (NYSE:M) rose sharply during Wednesday's session after the company reported second-quarter results above estimates and raised its FY2025 guidance.

Macy’s raised its FY2025 adjusted EPS guidance from $1.60-$2.00 to $1.70-$2.05 and also increased its sales guidance from $21.000 billion-$21.400 billion to $21.150 billion-$21.450 billion.

Macy’s shares jumped 19.1% to $16.07 on Wednesday.

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

• Breeze Holdings Acquisition Corp. (NASDAQ:YDES) shares jumped 31.1% to $17.90.
• Ur-Energy Inc. (NYSE:URG) gained 14.2% to $1.5650.
• Rezolve AI PLC (NASDAQ:RZLV) shares rose 12.8% to $4.1400.
• REV Group, Inc. (NYSE:REVG) shares jumped 11% to $57.48 after the company reported third-quarter EPS and sales above estimates and raised its FY2025 sales guidance.
• Cogent Biosciences, Inc. (NASDAQ:COGT) rose 11% to $13.32.
• Opera Limited (NASDAQ:OPRA) gained 10.3% to $17.70.
• Prime Medicine, Inc. (NASDAQ:PRME) climbed 9.4% to $3.4150.
• NuScale Power Corporation (NYSE:SMR) rose 9.3% to $40.72.
• Alphabet Inc. (NASDAQ:GOOGL) shares gained 9.1% to $230.51 after Reuters reported a U.S. judge issued a sealed decision in the Google online search monopoly case.
• Arcus Biosciences, Inc. (NYSE:RCUS) surged 8.8% to $11.76.
• Hims & Hers Health, Inc. (NYSE:HIMS) rose 7.8% to $44.77.
• Peakstone Realty Trust (NYSE:PKST) shares gained 7.7% to $13.86. Truist Securities analyst Anthony Hau upgraded Peakstone Realty from Hold to Buy and raised the price target from $16 to $19.
• Alkermes plc (NASDAQ:ALKS) climbed 7.4% to $31.58. Wells Fargo analyst Benjamin Burnett initiated coverage on Alkermes with an Overweight rating and announced a price target of $44.
• Precigen, Inc. (NASDAQ:PGEN) rose 7% to $5.09 after announcing up to $125 million non-dilutive financing.
• HealthEquity, Inc. (NASDAQ:HQY) gained 6.4% to $94.50 after the company raised its FY2026 EPS and sales guidance above estimates.

Read This Next:

• Dollar Tree, Campbell’s And 3 Stocks To Watch Heading Into Wednesday

Photo via Shutterstock