G-III Apparel Posts Better-Than-Expected Earnings, Joins Ballard Power Systems, Dollar General And Other Big Stocks Moving Higher On Thursday

U.S. stocks were lower, with the Dow Jones index falling around 100 points on Thursday.

Shares of G-III Apparel Group, Ltd. GIII gained 13.9% to $28.87 after the company reported better-than-expected fourth-quarter financial results and issued FY26 adjusted EPS guidance above estimates.

The company reported fourth-quarter sales growth of 9.8% year-on-year to $839.535 million, beating the analyst consensus estimate of $807.590 million. Adjusted EPS of $1.27 beat the consensus estimate of 97 cents.

Korn Ferry shares jumped 9.8% to $68.68 on Tuesday.

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

• Aveanna Healthcare Holdings Inc. AVAH shares jumped 22.6% to $4.5850 after the company reported better-than-expected fourth-quarter sales results.
• MeiraGTx Holdings plc MGTX gained 19.4% to $7.66 after the company reported FY24 financial results.
• NextNav Inc. NN rose 17.7% to $12.10 following fourth-quarter results.
• Advantage Solutions Inc. ADV gained 15.4% to $1.9500.
• Intel Corporation INTC rose 15.4% to $23.87 as the company announced a new chief executive officer. The company said its board of directors has appointed Lip-Bu Tan, a former member of Intel’s board of directors, as chief executive officer, effective March 18.
• Claros Mortgage Trust, Inc. CMTG gained 13.1% to $3.8700.
• Legacy Housing Corporation LEGH rose 11.8% to $27.68 after reporting full year 2024 financial results.
• Fabrinet FN climbed 9.4% to $219.65 after the company entered an agreement with Amazon for warrant allowing up to 381,922 shares at $208.48 each.
• Pharming Group N.V. PHAR gained 9.3% to $8.70 after the company reported fourth-quarter financial results and beat its EPADS and sales estimates.
• D-Wave Quantum Inc. QBTS rose 9.2% to $6.36 as the company reported fourth-quarter adjusted earnings per share of 8 cents loss, missing the street view of 7 cents loss. Quarterly sales of $2.309 million (down 21% year over year), missing the analyst consensus estimate of $2.36 million.
• Allegro MicroSystems, Inc. ALGM gained 8% to $26.94. Allegro MicroSystems named Rick Madormo as Senior Vice President of Worldwide Sales.
• Ballard Power Systems Inc. BLDP rose 7.3% to $1.32 following fourth-quarter results.
• Dollar General Corporation DG gained 6.9% to $79.98 after the company reported better-than-expected quarterly sales results.
• Dollar Tree, Inc. DLTR gained 6.6% to $66.01.
• The AES Corporation AES rose 4% to $12.28. AES reported the pricing of $800 million of its 5.800% senior notes due 2032.

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