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Sony Posts Upbeat Earnings, Joins Tesla, Upstart, Doximity, Fortrea, Axon Enterprise And Other Big Stocks Moving Higher On Friday

U.S. stocks were higher, with the Dow Jones index gaining more than 200 points on Friday.

Shares of Sony Group Corporation (NYSE:SONY) rose sharply during Thursday's session after reporting better-than-expected second-quarter earnings and raising FY24 revenue outlook.

Sony Group reported fiscal second-quarter 2024 consolidated sales growth of 3% year-on-year to $19.44 billion (2.91 trillion Japanese yen), missing the analyst consensus estimate of $19.62 billion. EPS of $0.37 (55.74 yen) beat the analyst consensus estimate of $0.27.

Sony shares jumped 9.4% to $19.98 on Friday.

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

  • Innodata Inc. (NASDAQ:INOD) shares surged 67.7% to $40.84.
  • Sezzle Inc. (NASDAQ:SEZL) shares jumped 51.7% to $380.00 after the company reported a year-over-year increase in third-quarter financial results, raised its FY24 ...

Full story available on Benzinga.com

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