U.S. stocks were lower, with the Dow Jones index falling more than 500 points on Friday.
Shares of Legence Corp (NASDAQ: LGN ) rose sharply during Friday's session after delivering mixed third-quarter results in its first earnings report since going public .
The company posted revenue of $708.01 million, up 26.2% year-over-year and ahead of analyst expectations of $639.78 million. Gross margin eased to 20.9% from 21.1% a year earlier, while earnings missed forecasts, with an EPS loss of 2 cents compared with consensus estimates calling for a profit of 6 cents.
Legence shares jumped 10.7% to $36.89 on Friday.
Here are some other big stocks recording gains in today’s session.
Cidara Therapeutics Inc (NASDAQ: CDTX ) shares jumped 105.6% to $217.87 after Merck agreed to acquire the company for $221.50 per share in a $9.2 billion cash deal. Invivyd Inc (NASDAQ: IVVD ) gained 26.5% to $2.24. Invivyd recently reported better-than-expected quarterly financial results. Scholar Rock Holding Corp (NASDAQ: SRRK ) surged 22.8% to $36.91. The company announced a $200 million equity offering. Avadel Pharmaceuticals PLC (NASDAQ: AVDL ) gained 20.1% to $23.12 as the company received unsolicited proposal from Lundbeck. Ondas Holdings Inc (NASDAQ: ONDS ) rose 13% to $7.42. Ondas Holdings reported better-than-expected third-quarter financial results and raised its FY25 sales guidance. Omeros Corp (NASDAQ: OMER ) gained 11.9% to $7.03 following a narrower-than-expected quarterly loss. Figure Technology Solutions Inc (NASDAQ: FIGR ) shares jumped 10.6% to $38.26 following upbeat quarterly results. Beyond Meat Inc (NASDAQ: BYND ) shares gained 9.2% to $1.10. Beyond Meat announced determination of conversion rate for 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030. RLX Technology Inc – ADR (NYSE: RLX ) shares jumped 8.8% to $2.54 following third-quarter results. PomDoctor Ltd (NASDAQ: POM ) gained 7.7% to $3.86. Cytek Biosciences Inc (NASDAQ: CTKB ) shares rose 7.2% to $4.90.Read This Next:
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Loading... Loading... AVDL Avadel Pharmaceuticals PLC $23.13 20.2% Overview BYND Beyond Meat Inc $1.06 4.91% CDTX Cidara Therapeutics Inc $217.58 105.3% CTKB Cytek Biosciences Inc $4.89 7.00% FIGR Figure Technology Solutions Inc $37.27 7.75% IVVD Invivyd Inc $2.21 24.9% LGN Legence Corp $35.76 7.31% OMER Omeros Corp $7.18 14.3% ONDS Ondas Holdings Inc $7.09 8.15% POM Pomdoctor Ltd $3.58 -% RLX RLX Technology Inc $2.52 7.94% SRRK Scholar Rock Holding Corp $36.66 21.9% Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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