Stocks ended higher Thursday as investors reacted to comments about a stimulus package from House Speaker Nancy Pelosi and President Donald Trump.
Here are some of the top gainers for Thursday:
1. CareDX | Percentage Increase 15%
CareDX (CDNA) - Get CareDx, Inc. Report shares rose after the precision-medicine company reported preliminary third-quarter revenue of about $53 million, up 57% year-over-year and beating the $44.7 million consensus estimate. Testing revenue increased to $45.2 million from $28.2 million.
2. IBM | Percentage Increase 6%
International Business Machines (IBM) - Get International Business Machines (IBM) Report shares jumped Thursday after the computer company said it would spin off its infrastructure division. IBM said it would sell its managed infrastructure services unit, a legacy division that sits within the global technology services group.
3. Alphatec Holdings | Percentage Increase 36%
Shares of Alphatec Holdings (ATEC) - Get Alphatec Holdings, Inc. Report climbed after the medical-device company released preliminary third-quarter sales that exceeded Wall Street's expectations. The company said it expected revenueof $40.7 million to $41.1 million, above analysts' call for $31 million.
4. Dun & Bradstreet | Percentage Increase 8%
Dun & Bradstreet (DNB) shares advanced after the business-analytics company agreed to purchase the shares of Bisnode Business Information Group AB, a European data and analytics firm, for about $818 million. The transaction is expected to close in January.
5. DTE Energy | Percentage Increase 6%
DTE Energy (DTE) - Get DTE Energy Company Report shares moved up after Bloomberg reported that the power company is considering unloading its natural gas pipelines and other non-utility operations. No final decisions have been made and DTE could elect to keep its current structure, Bloomberg said.