Large-cap stocks saw significant gains last week, with some experiencing remarkable increases. Super Micro Computer, Inc. (SMCI) shares skyrocketed 78.42% after announcing a compliance plan to Nasdaq. Snowflake Inc. (SNOW) stock jumped 32.93% following better-than-expected financial results for the third quarter and raised guidance.
Williams-Sonoma, Inc. (WSM) stock escalated 31.63% on the heels of its surprise third-quarter 2024 results, a new $1 billion buyback program, and an upward outlook revision. Symbotic Inc. (SYM) shares zoomed 31.52% after reporting stronger-than-expected financial results.
Texas Pacific Land Corporation (TPL) stock rose 27.21%, while Amer Sports, Inc. (AS) gained 25.71%. Elastic N.V. (ESTC) shares increased 25.15% following its second-quarter earnings release and FY25 guidance above estimates. MicroStrategy Incorporated (MSTR) shares jumped 23.85% after announcing the completion of a previously announced offering.
YPF Sociedad Anonima YPF’s stock also rose 23.59%, likely due to continued strength following a credit upgrade from Fitch. Datadog, Inc. (DDOG) gained 23.59% in sympathy with Snowflake’s impressive earnings report.
Source: https://www.benzinga.com/news/large-cap/24/11/42154355/super-micro-computer-snowflake-and-microstrategy-are-among-top-10-large-cap-gainers-last-week-nov-18-nov-22-are-the-others-in-your-portfolio