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BlackBerry Posts Upbeat Q4 Results, Joins Constellation Brands, Marvell Technology And Other Big Stocks Moving Higher On Thursday
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U.S. stocks were lower, with the Dow Jones index falling over 100 points on Thursday.

Shares of BlackBerry Ltd (NYSE:BB) rose sharply after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.

BlackBerry reported adjusted earnings per share of 6 cents, beating the consensus estimate of 4 cents. In addition, the company reported revenue of $156.00 million, beating the consensus estimate of $144.36 million, per Benzinga Pro data.

BlackBerry shares jumped 12.2% to $3.96 on Thursday.

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

  • Mega Fortune Co Ltd (NASDAQ:MGRT) shares jumped 44% to $63.00.
  • STAAR Surgical Co (NASDAQ:STAA) gained 25.2% to $26.14 after the company reported a year-over-year increase in first-quarter net sales results.
  • Forte Biosciences Inc (NASDAQ:FBRX) surged 22.6% to $32.20. The company announced the pricing of its $150 million offering of 5.7 million shares at 26.27 per share.
  • Eos Energy Enterprises Inc (NASDAQ:EOSE) gained 19.6% to $5.49. The company reported preliminary first-quarter revenue results.
  • mF International Limited (NASDAQ:MFI) jumped 18.2% to $13.25.
  • Satellogic Inc (NASDAQ:SATL) gained 15.3% to $7.94.
  • Invivyd Inc (NASDAQ:IVVD) gained 13.7% to $1.54 as the company announced progress in its REVOLUTION clinical program for VYD2311, a novel monoclonal antibody aimed at preventing symptomatic COVID-19.
  • Merlin Inc (NASDAQ:MRLN) rose 13.3% to $8.86.
  • AXT Inc (NASDAQ:AXTI) gained 13.2% to $60.20.
  • Wolfspeed Inc (NYSE:WOLF) gained 12.7% to $23.18.
  • York Space Systems Inc (NYSE:YSS) surged 11.1% to $30.98.
  • Firefly Aerospace Inc (NASDAQ:FLY) gained 8.1% to $41.20.
  • Bloom Energy Corp (NYSE:BE) gained 7.5% to $157.83.
  • Plug Power Inc (NASDAQ:PLUG) rose 5.8% to $2.80. Susquehanna analyst Biju Perincheril maintained Plug Power with a Neutral and raised the price target from $2.5 to $2.75.
  • Constellation Brands Inc (NYSE:STZ) jumped 5.7% to $158.87 as the company posted better-than-expected earnings for the fourth quarter, after the closing bell on Wednesday.
  • Marvell Technology Inc (NASDAQ:MRVL) gained 5.3% to $120.56 after Barclays upgraded the stock from Equal-Weight to Overweight and raised its price target from $105 to $150.

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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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