U.S. natural - gas stocks
Search documents
Nasdaq Jumps Over 150 Points; Kroger Earnings Top Estimates
Benzinga· 2025-09-11 17:42
Market Overview - U.S. stocks experienced an upward trend, with the Nasdaq Composite increasing by over 150 points on Thursday. The Dow rose by 1.32% to 46,089.25, the NASDAQ increased by 0.72% to 22,044.49, and the S&P 500 gained 0.80% to 6,584.57 [1] - Consumer discretionary shares saw a notable increase of 1.6% on Thursday [1] Company Earnings - Kroger Company reported second-quarter adjusted earnings per share of $1.04, surpassing the analyst consensus estimate of 99 cents. Quarterly sales reached $33.94 billion, slightly below the consensus of $34.102 billion [3] - Kroger raised its FY25 adjusted EPS outlook to a range of $4.70–$4.80, up from the previous range of $4.60–$4.80, compared to the analyst consensus of $4.77. Adjusted identical sales without fuel are expected to rise between 2.7% and 3.4%, an increase from the prior view of 2.25% to 3.25% [4] Stock Movements - MOGU Inc. shares surged by 110% to $5.24 after the company approved a strategic allocation of up to $20 million to digital currencies [10] - Opendoor Technologies Inc. saw its shares increase by 56% to $9.17 following the appointment of a new CEO and the return of co-founders to the board [10] - Vince Holding Corp. shares rose by 92% to $3.1908 after reporting better-than-expected quarterly financial results [10] - Robin Energy Ltd. shares dropped by 41% to $1.3501 after announcing a public offering of shares [10] - Avidity Biosciences, Inc. shares fell by 19% to $37.42 following a $500 million common stock offering [10] - The Lovesac Company shares decreased by 14% to $17.89 after cutting FY2026 GAAP EPS guidance and narrowing its sales outlook [10] Commodity Market - In commodity news, oil prices fell by 1.8% to $62.54, while gold decreased by 0.4% to $3,668.70. Silver prices increased by 0.6% to $41.840, and copper rose by 0.4% to $4.6370 [7]