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Gemini Space Posts Upbeat Q1 Results, Joins Figma, Sutro Biopharma And Other Big Stocks Moving Higher On Friday
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U.S. stocks were lower, with the Dow Jones index falling around 400 points on Friday.

Shares of Gemini Space Station Inc (NASDAQ:GEMI) rose sharply after the company reported better-than-expected first-quarter financial results. Also, the company announced a $100 million direct investment by Winklevoss Capital Fund.

Gemini reported a loss of 93 cents per share, beating the consensus estimate of a 96 cent-loss. In addition, it reported revenue of $50.27 million, beating the consensus estimate of $49.28 million and representing a 42% year-over-year increase.

Gemini Space Station shares jumped 25.7% to $6.61 on Friday.

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

  • Globant SA (NYSE:GLOB) gained 15.8% to $39.45 following upbeat quarterly sales.
  • Figma Inc (NYSE:FIG) surged 13.6% to $23.00 after the company reported better-than-expected first-quarter financial results and raised its FY26 sales guidance above estimates.
  • Magnum Ice Cream Company NV (NYSE:MICC) gained 11.7% to $16.78.
  • RXO Inc (NYSE:RXO) surged 10.9% to $19.42. Stifel analyst J. Bruce Chan upgraded RXO from Hold to Buy and announced a $22 price target.
  • Julong Holding Ltd (NASDAQ:JLHL) gained 10.1% to $21.77.
  • Invivyd Inc (NASDAQ:IVVD) gained 8.6% to $1.26.
  • Doximity Inc (NYSE:DOCS) surged 8.5% to $19.55.
  • Falcon’s Beyond Global Inc (NASDAQ:FBYD) rose 6.6% to $12.06 following first-quarter results.
  • Sweetgreen Inc (NYSE:SG) gained 6.4% to $7.33.
  • Venture Global Inc (NYSE:VG) surged 6.4% to $13.84.
  • Sutro Biopharma Inc (NASDAQ:STRO) rose 5.3% to $40.44 following quarterly results.

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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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