Stocks finished higher Wednesday, with the Dow Jones Industrial Average posting record intraday and closing highs, as energy companies outperformed and technology companies bounced back.
Here are some of the market's biggest gainers for Wednesday:
1. Under Armour | Increase 6.9%
Under Armour (UAA) - Get Under Armour Inc. Class A Report jumped after the performance apparel company beat Wall Street's first-quarter-earnings expectations and was the subject of numerous positive analyst notes.
Revenue rose 35% to $1.3 billion, beating estimates of $1.13 billion.
2. Match Group | Increase 3.4%
Match Group (MTCH) - Get Match Group Inc. Report shares traded higher after the parent of dating apps Tinder and Hinge forecast better-than-expected revenue this quarter amid ongoing COVID vaccine rollouts and corresponding business reopenings.
For the first quarter, Match's revenue jumped 23% to $668 million vs. the consensus analyst estimate of $650.7 million.
3. Athenex | Increase 23%
Athenex (ATNX) - Get Athenex Inc. Report jumped after the biopharma focused on cancer therapies agreed to buy Kuur Therapeutics, which develops cell immunotherapies to treat solid and hematological malignancies, for as much as $185 million.
Athenex will pay $70 million up front and as much as $115 million as Kuur meets development milestones.
4. Hayward Holdings | Increase 24%
The company swung to net income of $36.9 million compared with a loss of $10.4 million in the year-earlier quarter.
5. KAR Auction Services | Increase 16%
Net income increased to $50.9 million, or 25 cents a share, from $2.8 million, or 2 cents a share, a year earlier.