5 Top Stock Gainers for Thursday: Macy’s, Nvidia, Sonoma Pharma and Kohl’s


tags:

Stocks finished mixed Thursday losing some of the session's earlier momentum, on concerns the Federal could begin tapering stimulus this year even as surging coronavirus infections caused by the delta variant raise worries about the pace of the U.S. recovery.

Here are some of the top gainers Thursday:

1. Sonoma Pharmaceuticals | Increase 51%

Shares of Sonoma Pharmaceuticals  (SNOA) – Get Report skyrocketed after the wound-care-product maker said it had launched two new dental products. 

OroGenix oral-hygiene rinse is the company's second dental product in the U.S. Sonoma also launched Microdacyn oral care in Switzerland.

2. Macy's | Increase 20%

Macy's  (M) – Get Report shares rose after the department store operator posted stronger-than-expected second-quarter earnings and raised its full-year profit outlook while reinstating its dividend. Post-pandemic shoppers shifted spending from online retailers to brick-and-mortar stalwarts. 


3. Kohl's | Increase 7.3%

Shares of Kohl's  (KSS) – Get Report jumped after blasting by Wall Street's second-quarter earnings forecasts, while boosting its full-year profit guidance. 

TheStreet RecommendsPRESS RELEASESGlobal Industry Analysts Predicts The World Aircraft Seating Market To Reach $26.5 Billion By 202612 minutes agoPRESS RELEASESSilicon Labs To Host Medical IoT Panel Moderated By Stacey On IoT At Works With 202112 minutes agoPRESS RELEASESLIVE HAPPilly New York: Illycaffè Serves Happiness Throughout The Metro Area Starting With Central Park Homecoming Event14 minutes ago


Revenue rose 39% to $4.45 billion, topping estimates of $4.02 billion. 

Earnings came to $2.48 a share, doubling the consensus forecast of $1.21 a share.

4. Bath & Body Works | Increase 11%

Bath & Body Works shares  (BBWI) – Get Report climbed after the soap, candle and sanitizer retailer impressed analysts with its strong second-quarter ea! rnings. 

The company also forecast third-quarter earnings per share between 55 cents and 60 cents, excluding one-time costs related to the spinoff of Victoria's Secret.

5. Nvidia | Increase 4%

Shares of Nvidia  (NVDA) – Get Report rose Thursday after the largest U.S. semiconductor maker by market value issued an upbeat forecast for the fiscal third quarter even as the market for chip supplies remains tight.

Nvidia is a holding in the portfolio of Jim Cramer's Action Alerts PLUS investing club. Want to be alerted before Jim Cramer buys or sells NVDA? Learn more now.

Leave a Reply

Your email address will not be published.