U.S. stocks were lower, with the Dow Jones index gaining around 100 points on Tuesday.
Shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) rose sharply during Tuesday’s session after the company reported better-than-expected quarterly financial results and raised its FY25 guidance.
Sterling Infrastructure reported quarterly earnings of $2.69 per share which beat the analyst consensus estimate of $1.97 per share. The company reported quarterly sales of $614.468 million which beat the analyst consensus estimate of $554.350 million.
Sterling Infrastructure shares jumped 16.8% to $317.62 on Tuesday.
Here are some other big stocks recording gains in today’s session.
- Ameresco, Inc. (NYSE:AMRC) shares jumped 41.4% to $23.61 after the company reported better-than-expected quarterly financial results.
- Arteris, Inc. (NASDAQ:AIP) jumped 37.6% to $13.01 after the company announced a deal with AMD for its next generation of AI chiplet design.
- Xometry, Inc. (NASDAQ:XMTR) …