Village Farms International, Inc., Lamb Weston Holdings Inc, New Oriental Education & Technology Group Inc. made Thursday's list of top gainers.
Leading equity indices in the US rose as Nasdaq closed the day at 12,100, having gained 0.76%. S&P 500 ended the session at 4,105 after a 0.36% gain.
Thursday was an exciting day for markets with several consumer_defensive stocks capitalising on the risk-on mood. Have a look at these Top Gainers:
+1.45%: risk-on sentiment allowed Constellation Brands to post 1.45% gain Thursday
Constellation Brands ended Wednesday's session at $221.44. Thursday started with an increase to $226.5, but dropped back and closed at $224.64. Constellation Brands's market cap currently stands at $41.45 billion with an average daily volume of 1.28 million shares. So far this year, it has been doing worse than the S&P by 8.19%.
Constellation Brands released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of 1.98 per share on revenue of $2.15 billion, topping estimates of 1.86 per share on revenue of $2 billion. Since the release of its earnings report, Constellation Brands gained 1.45%.
+2.58%: Lamb Weston bulls in charge as markets close for Good Friday
Pronounced bullish sentiment in the market helped the food processing company to make a notable 2.58% gain Thursday, rising $2.69 and ultimately closing at $106.86. The company has a market cap of $15.37 billion with an average daily volume of 1.60 million shares. So far this year, it has performed better than the S&P by 16.32%.
Lamb Weston released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of 1.43 per share on revenue of $1.25 billion, topping estimates of 0.98 per share on revenue of $1.16 billion. Since the release of its earnings report, Lamb Weston gained 2.58%.
New Oriental Education & Technology | Closed +2.09% at $38.66
Having soared to a high of $45.31 approximately a month ago, the private educational service provider is now trading 16.42% lower. So far this year, it has been doing worse than the Nasdaq by 2.34%. The company has a market cap of $6.57 billion with an average daily volume of 1.88 million shares.
+4%: Village Farms opened at 78 cents Thursday before posting solid session gaining 4%
After ending Wednesday at 75 cents, Village Farms went up to 78 cents only to drop back, yet still traded well overall and closed at 78 cents Thursday. The consumer packaged goods provider's market cap currently stands at $89.23 million with an average daily trading volume of 602,075 shares.