Neogen Reports Robust Second Quarter Results, Rises Alongside Astronics, Lockheed Martin, Constellation Brands, and Other Major Stocks Gaining on Thursday

Market Recap: Major Gainers in U.S. Stocks

On Thursday, the U.S. stock market showed a mixed performance, with the Dow Jones Industrial Average climbing by approximately 100 points.

Neogen Corp (NASDAQ: NEOG) experienced a significant surge after the company released second-quarter results that surpassed analyst expectations and raised its full-year 2026 sales outlook. Neogen reported adjusted earnings of $0.10 per share, outpacing the projected $0.06 per share. Quarterly revenue reached $224.7 million, exceeding the anticipated $207.8 million. As a result, Neogen's stock soared 28% to close at $9.44.

Below are several other notable stocks that posted strong gains during the session:

• Enliven Therapeutics Inc (NASDAQ: ELVN): Shares skyrocketed 52.5% to $23.60 after the company shared early data from its ongoing Phase 1b ENABLE clinical trial for ELVN-001 in chronic myeloid leukemia patients who have not responded to or cannot tolerate current tyrosine kinase inhibitors.
• MoonLake Immunotherapeutics (NASDAQ: MLTX): The stock jumped 32.6% to $14.98 following FDA feedback indicating the company could demonstrate substantial effectiveness for its hidradenitis suppurativa treatment without further clinical trials.
• Babcock & Wilcox Enterprises Inc (NYSE: BW): Shares surged 21.1% to $7.17 after announcing Siemens Energy will supply steam turbine generator sets for an Applied Digital data center project.
• HUYA Inc – ADR (NYSE: HUYA): The stock advanced 19.6% to $3.72.
• Serve Robotics Inc (NASDAQ: SERV): Shares climbed 15.5% to $15.56.
• Applied Digital Corp (NASDAQ: APLD): The company gained 14.7% to $33.93 after reporting second-quarter adjusted earnings and revenue that beat forecasts.
• Standard BioTools Inc (NASDAQ: LAB): Shares rose 13.7% to $1.46 after releasing preliminary fourth-quarter and full-year 2025 revenue results.
• Ondas Holdings Inc (NASDAQ: ONDS): The stock increased 13.6% to $13.83.
• Kratos Defense & Security Solutions Inc (NASDAQ: KTOS): Shares advanced 12.8% to $103.21.
• Satellogic Inc (NASDAQ: SATL): The company’s stock rose 12.7% to $2.70 after securing a seven-figure monitoring contract with a strategic client.
• Bloom Energy Corp (NYSE: BE): Shares jumped 11.3% to $120.20.
• AeroVironment, Inc. (NASDAQ: AVAV): The stock gained 10.8% to $352.85.
• Astronics Corp (NASDAQ: ATRO): Shares moved up 9.4% to $63.71 after the company announced preliminary unaudited fourth-quarter revenue and introduced 2026 revenue guidance.
• Northrop Grumman Corp (NYSE: NOC): The stock rose 8.8% to $627.62.
• Karman Holdings Inc (NYSE: KRMN): Shares increased 8.7% to $99.67 after agreeing to acquire Seemann Composites for $220 million. The broader defense sector also saw gains following President Trump’s suggestion to boost the defense budget.
• Lockheed Martin Corp (NYSE: LMT): The stock advanced 7.4% to $533.88, with defense stocks broadly higher after President Trump indicated support for raising the 2027 military budget from $1 trillion to $1.5 trillion.
• Constellation Brands Inc (NYSE: STZ): Shares rose 7% to $150.51 after the company reported third-quarter earnings that exceeded expectations.

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