Stocks finished mostly lower Thursday as traders assessed stronger-than-expected earnings and Federal Reserve Chairman Jerome Powell's continued dovishness, while concern about global growth rose as variants of the COVID-19 virus spread.
Here are some of the top gainers for Thursday:
1. Verb Technology | Increase 29%
TheStreet's Jim Cramer has expressed caution this week, saying meme stocks “away from AMC (AMC) - Get AMC Entertainment Holdings, Inc. Class A Report and GameStop (GME) - Get GameStop Corp. Class A Report appear to be crooked. They seem to be pump and dumps.”
2. Delta Air Lines | Increase 1.7%
Delta Air Lines (DAL) - Get Delta Air Lines, Inc. Report rose after Raymond James analyst Savanthi Syth double-upgraded the air carrier to strong buy from market perform with a $58 price target following Wednesday's earnings call.
Also, Morgan Stanley analyst Ravi Shanker, who kept an overweight rating and $73 price target, said the shares deserve to be trading "significantly higher than current levels."
3. Nikola | Increase 2.7%
Nikola (NKLA) - Get Nikola Corp. Report shares moved up after the electric-vehicle maker said it was adding five independent dealers with more than 51 locations in Texas, Arizona, California, Colorado, New Mexico, Florida, Delaware, Virginia and Maryland.
4. Honeywell | Increase 2.2%
5. U.S. Bancorp | Increase 3.2%
The company's earnings of $1.28 a share surpassed the Zacks consensus estimate of $1.14. Revenue slipped 0.9% from a year earlier to $5.78 billion, but still beat the consensus for $5.63 billion.