Stocks shook off earlier losses and finished higher Thursday as investors weighed encouraging economic data.
Here are some of the big movers in the stock market Thursday:
1. GameStop | Increase 53%
GameStop (GME) - Get Report surged following a tumble this week after the videogame retailer missed Wall Street's fourth-quarter earnings expectations and said it was evaluating the sale of new shares to fund its "transformation initiatives and general working capital needs."
The shares have been fueled by the WallStreetBets chatroom on Reddit.
2. Dave & Buster's | Increase 12%
Dave & Buster’s (PLAY) - Get Report rose after Raymond James analyst Brian Vaccaro raised his share-price target to a Wall Street high and affirmed a strong-buy rating on shares of the entertainment/restaurant chain amid solid sales.
Vaccaro lifted his price target to $55 from $45.
3. Darden Restaurants | Increase 8.2%
Darden Restaurants (DRI) - Get Report, parent of Olive Garden, LongHorn Steakhouse and other brands, climbed after the restaurant chain operator beat Wall Street's third-quarter earnings expectations.
Darden said 99% of its locations were open with at least limited dining room capacity.
4. KBR | Increase 13%
Shares of KBR (KBR) - Get Report advanced after Stuart Bradie, the engineering and construction company's president and CEO, said the company was "charting a course targeting to more than double our adjusted earnings per share by 2025 over 2021 levels."
The company is hosting its virtual Investor Day on Thursday.
5. Shoe Carnival | Increase 6%
Earnings more than doubled from a year ago to 52 cents a share. Net sales increased 5.8% to $253.9 million.