Stocks ended mixed Thursday as investors sifted through the impact of the fastest reading of U.S. inflation in more than 30 years.
Here are some of the top gainers Thursday:
1. Lordstown Motors | Increase 24%
Lordstown Motors (RIDE) - Get Lordstown Motors Corp. Class A Report shares jumped after the electric-vehicle maker finalized a deal to sell its Lordstown, Ohio, plant to Taiwan’s giant contract manufacturer Foxconn for $230 million. Foxconn agreed to make a down payment of $100 million by Nov. 18, and subsequent payments of $50 million each on Feb. 1 and no later than April 15.
2. Fisker | Increase 11%
Shares of Fisker (FSR) - Get Fisker Inc Class A Report climbed after Bank of America analyst John Murphy raised his price target on the electric vehicle company to $24 from $18 while keeping a neutral rating on the shares. Murphy said the "notable valuation discrepancy" between the electric vehicle automakers in his coverage reflects his assessment of each company's ability to raise low-cost capital, with Fisker viewed as "somewhat likely."
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3. Dillard's | Increase 10%
Dillard's (DDS) - Get Dillard's, Inc. Class A Report shares powered higher after the department store operator beat Wall Street's third-quarter earnings expectations. Net income totaled $197.3 million, or $9.81 a share, while sales came to $1.481 billion. The FactSet consensus was earnings of $5.52 a share and sales of $1.440 billion.
4. Tapestry | Increase 8.4%
Shares of Tapestry (TPR) - Get Tapestry, Inc. Report, owner of such brands as Kate Spade and Coach, rose after the fashion company beat Wall Street's fiscal first-quarter earnings expectations, raised its guidance and announced a $1 billion share repurchase program.
5. Weibo | Increase 4.6%
Weibo (WB) - Get Weibo Corp. Report shares advanced after the Chinese social media company beat Wall Street's third-quarter earnings forecasts. The company reported earnings of 90 cents a share and revenue of $607.4 million. Analysts were looking for earnings of 82 cents on revenue of $584.07 million.