Toyo Posts Upbeat Q1 Earnings, Joins Brady, Dominion Energy And Other Big Stocks Moving Higher On Monday

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U.S. stocks were lower, with the Nasdaq Composite falling around 1% on Monday.

Shares of TOYO Co., Ltd (NASDAQ:TOYO) rose sharply after the company reported better-than-expected first-quarter EPS results.

Toyo posted quarterly earnings of 75 cents per share, beating market estimates of 72 cents per share. The company’s quarterly sales came in at $142.773 million versus expectations of $202.900 million.

TOYO shares surged 13.7% to $14.41 on Monday.

Here are some other big stocks recording gains in today’s session.

  • Julong Holding Ltd (NASDAQ:JLHL) shares jumped 29.4% to $30.10.
  • Liveramp Holdings Inc (NYSE:RAMP) gained 27.6% to $37.84. Publicis acquired LiveRamp for $2.2 billion in all-cash deal at $38.50 per share. LiveRamp also reported better-than-expected fourth-quarter earnings.
  • HIVE Digital Technologies Ltd (NASDAQ:HIVE) rose 27% to $3.42 after the company announced its …

Full story available on Benzinga.com

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