U.S. stocks were lower, with the Dow Jones index falling more than 250 points on Friday.
Shares of PriceSmart, Inc. (NASDAQ:PSMT) rose sharply during Friday's session as the company reported better-than-expected third-quarter financial results.
Pricesmart reported quarterly earnings of $1.14 per share which beat the analyst consensus estimate of $1.13 per share. The company reported quarterly sales of $1.317 billion which beat the analyst consensus estimate of $1.310 billion.
PriceSmart shares jumped 6.5% to $109.41 on Friday.
Here are some other big stocks recording gains in today’s session.
- Zepp Health Corporation (NYSE:ZEPP) shares jumped 44.6% to $8.81.
- Newegg Commerce, Inc. (NASDAQ:NEGG) gained 31% to $37.64.
- Red Cat Holdings, Inc. (NASDAQ:RCAT) rose 18.5% to $8.04. Shares of drone stocks traded higher after Secretary of Defense Pete Hegseth announced efforts to fast-track drone production.
- AIRO Group Holdings, Inc. (NASDAQ:AIRO) gained 17.7% to $26.11.
- Ruanyun Edai Technology Inc. (NASDAQ:RYET) jumped 15% to $17.70. Ruanyun Edai Technology signed a strategic partnership with Confucius Institute at Prince Sultan University to scale HanLink across Saudi Arabia.
- Red Cat Holdings, Inc. (NASDAQ:RCAT) gained 15% to $7.81. Shares of drone stocks traded higher after Secretary of Defense Pete Hegseth announced efforts to fast-track drone production.
- Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) surged 12.2% to $51.90. Shares of drone stocks traded higher after Secretary of Defense Pete Hegseth announced efforts to fast-track drone production.
- Levi Strauss & Co. (NYSE:LEVI) rose 10.6% to $21.83 after the company reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS guidance.
- AeroVironment, Inc. (NASDAQ:AVAV) gained 8.4% to $257.60. Shares of drone stocks traded higher after Secretary of Defense Pete Hegseth announced efforts to fast-track drone production.
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