U.S. stocks were lower, with the Dow Jones index falling around 500 points on Friday.
Shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) rose sharply during Friday's session after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance above estimates.
Monolithic Power Systems reported quarterly earnings of $4.21 per share which beat the analyst consensus estimate of $4.11 per share. The company reported quarterly sales of $664.57 million which beat the analyst consensus estimate of $649.88 million.
Monolithic Power Systems shares jumped 8% to $768.00 on Friday.
Here are some other big stocks recording gains in today’s session.
- Alphatec Holdings, Inc. (NASDAQ:ATEC) shares jumped 29.4% to $13.69 after the company raised its FY 2025 sales guidance above estimates.
- Workiva Inc. (NYSE:WK) gained 23.8% to $79.04 after the company issued third-quarter adjusted EPS and GAAP EPS guidance above estimates and raised its FY25 guidance.
- Cooper-Standard Holdings Inc. (NYSE:CPS) gained 23% to $29.63 after the company reported better-than-expected second-quarter financial results and issued FY25 sales guidance above estimates.
- Interface, Inc. (NASDAQ:TILE) jumped 18.2% to $24.37 after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance above estimates.
- Bio-Rad Laboratories, Inc. (NYSE:BIO) gained 17.3% to $283.77 after the company reported better-than-expected quarterly financial results.
- iRhythm Technologies, Inc. (NASDAQ:IRTC) rose 16.8% to $163.86 after the company reported better-than-expected quarterly financial results.
- Reddit, Inc. (NYSE:RDDT) rose 16.3% to $186.90 after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance above estimates.
- AppFolio, Inc. (NASDAQ:APPF) gained 15.5% to $308.91 after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance above estimates.
- Rich Sparkle Holdings Limited (NASDAQ:ANPA) rose 14.4% to $31.65.
- Rocket Companies, Inc. (NYSE:RKT) gained 13.5% to $16.76 after the company reported better-than-expected quarterly financial results.
- Mr. Cooper Group Inc. (NYSE:COOP) rose 13.3% to $176.39.
- nVent Electric plc (NYSE:NVT) gained 11.5% to $87.44 after the company reported better-than-expected quarterly financial results and raised its FY25 adjusted EPS guidance.
- Fulgent Genetics, Inc. (NASDAQ:FLGT) gained 11% to $19.07 after the company reported better-than-expected quarterly financial results and raised its FY25 guidance above estimates.
- Bright Horizons Family Solutions Inc. (NYSE:BFAM) gained 7.8% to $121.96 after the company reported better-than-expected quarterly financial results and raised its FY25 guidance above estimates.
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