Reliance Steel & Aluminum Posts Upbeat Earnings, Joins JFrog, AppLovin, Shake Shack And Other Big Stocks Moving Higher On Thursday

Benzinga ·  Feb 15 10:23

U.S. stocks were mostly higher, with the Dow Jones index gaining more than 150 points on Wednesday.

Shares ofReliance Steel & Aluminum Co.(NYSE:RS) rose sharply in today's session after the company reported fourth-quarter earnings above estimates and issued above-consensus first-quarter FY24 adjusted EPS.

Reliance Steel & Aluminum posted adjusted earnings of $4.73 per share, beating market estimates of $3.92 per share. The company's quarterly sales came in at $3.34 billion versus estimates of $3.30 billion.

Reliance Steel & Aluminum shares climbed 10.4% to $325.15 on Thursday.

Here are some other big stocks recording gains in today's session.

  • Nano-X Imaging Ltd....
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