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U.S. stocks were higher, with the Dow Jones gaining around 350 points on Wednesday.
Shares of AAR Corp (NYSE:AIR) rose sharply during Wednesday’s session as the company reported better-than-expected earnings for the third quarter and raised its FY2026 sales forecast.
AAR reported quarterly earnings of $1.25 per share which beat the analyst consensus estimate of $1.15 per share. The company reported quarterly sales of $845.100 million which beat the analyst consensus estimate of $812.537 million.
AAR shares jumped 10.5% to $119.10 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Braze Inc (NASDAQ:BRZE) shares jumped 21.2% to $21.84 after the company reported better-than-expected fourth-quarter sales results and issued FY27 sales guidance above estimates. Also, the company announced a $100 million share buyback.
- Corcept Therapeutics Inc (NASDAQ:CORT) gained 21.3% to $41.02 after the FDA approved relacorilant in …
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