U.S. stocks were mixed, with the Dow Jones Industrial Average up about 0.1% on Friday.
Expedia Group (EXPE) shares surged in trading on Friday after the company reported better-than-expected second-quarter results.
Expedia Group reported quarterly earnings of $3.51 per share, beating analysts' consensus estimates of $3.06 per share. The company reported quarterly revenue of $3.558 billion, beating analysts' consensus estimates of $3.534 billion.
Expedia Group Inc. shares rose 9.4% to $129.02 on Friday.
Here are some other major stocks that posted gains in today's trading:
Blend Labs, Inc. BLND rose 32% to $3.55 after the company reported better-than-expected Q2 financial performance. William Blair also upgraded the company's shares to Outperform from Market Perform. Doximity, Inc. DOCS rose 31.6% to $33.82 after the company reported better-than-expected Q1 financial performance. Additionally, the company raised its FY24 revenue outlook above expectations. ADMA Biologics, Inc. ADMA shares rose 29.5% to $15.80 after the company reported better-than-expected Q2 financial performance and better-than-expected FY24 and FY25 revenue outlook. Sweetgreen, Inc. SG rose 26.2% to $33.13 after the company reported better-than-expected Q2 revenue performance. Evolent Health, Inc. EVH rose 24.2% to $25.92 after the company reported better-than-expected quarterly financial results. Truist Securities also upgraded the stock to a buy rating from a hold rating and raised its price target to $33 from $28. Iovance Biotherapeutics, Inc. IOVA rose 20.2% to $9.54 after reporting better-than-expected second-quarter financial results and a better-than-expected third-quarter product revenue outlook. CarGurus, Inc. CARG rose 18.2% to $26.48 after reporting better-than-expected second-quarter financial results and a better-than-expected third-quarter non-GAAP EPS outlook. IAMGOLD Corporation IAG rose 15.6% to $4.2550 after reporting better-than-expected second-quarter financial results. Genpact Limited G rose 14.9% to $37.23 after the company reported better-than-expected Q2 financial performance and issued better-than-expected FY24 revenue guidance. The company also raised its FY24 EPS guidance above expectations. Paymentus Holdings, Inc. PAY rose 13.7% to $22.19 after the company reported better-than-expected Q2 financial performance and issued better-than-expected FY24 revenue guidance. DigitalOcean Holdings, Inc. DOCN rose 13.4% to $32.99 after the company reported better-than-expected Q2 financial performance and issued better-than-expected FY24 revenue guidance. Rocket Lab USA, Inc. RKLB rose 12.2% to $5.35 after the company reported better-than-expected Q2 financial performance. The company also announced the first firing of its new rocket engine, Archimedes. Akamai Technologies (AKAM) rose 11.3% to $101.91 after reporting better-than-expected second-quarter earnings. Avidity Biosciences (RNA) rose 10.6% to $46.31. The Trade Desk (TTD) rose 9.6% to $96.81 after reporting better-than-expected second-quarter earnings and an outlook for better-than-expected third-quarter revenue. KeyBanc and Susquehanna also each raised their target prices on the company's shares. DXC Technology Company (DXC) rose 7.2% to $19.64 after reporting better-than-expected quarterly earnings. Eli Lilly and Company (LLY) rose 5.8% to $894.83.
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