HubSpot Posts Better-Than-Expected Results, Joins Under Armour, Lyft, Wolverine World Wide, Zillow And Other Big Stocks Moving Higher On Thursday

U.S. stocks were higher, with the Nasdaq Composite gaining around 200 points on Thursday.

Shares of HubSpot, Inc. (NYSE:HUBS) rose sharply during Thursday's session after the company reported better-than-expected third-quarter financial results and issued FY24 guidance above estimates.

HubSpot reported quarterly earnings of $2.22 per share, which beat the analyst consensus estimate of $1.91. Quarterly revenue clocked in at $669.7 million which beat the analyst consensus estimate of $646.9 million and is an increase over sales of $557.55 million from the same period last year.

HubSpot shares jumped 7.9% to $645.11 on Thursday.

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

• AppLovin Corporation (NASDAQ:APP) shares jumped 47% to $247.63 after the company reported better-than-expected third-quarter financial results.
• Dutch Bros Inc. (NYSE:BROS) surged 39% to $48.57 following third-quarter earnings.
• Emergent BioSolutions Inc. (NYSE:EBS) gained 34.8% to ...

Full story available on Benzinga.com