Ten stocks stood firmer on Thursday, defying a pessimistic broader market, as investors digested a flurry of corporate earnings and upbeat outlooks, among others. Of the names in the list, two companies surged to new record highs.
Meanwhile, Wall Street’s main indices all finished in the red, with the Dow Jones leading the drop by 0.54 percent. The Nasdaq followed with a 0.31 percent loss, while the S&P 500 decreased by 0.28 percent.
In this article, we spotlight the 10 top-performing stocks on Thursday and break down the reasons behind their gains.
To come up with the list, we focused exclusively on the stocks with a $2 billion market capitalization and 5 million shares in trading volume.
Stock market data. Photo by Burak The Weekender on Pexels
10. Etsy Inc. (NYSE:ETSY)
Etsy snapped a five-day losing streak on Thursday, jumping 9.28 percent to finish at $48.14 apiece as investors took heart from the sale of its secondhand clothing app, Depop, while digesting strong revenues in the fourth quarter and full-year 2025.
In a statement, Etsy Inc. (NYSE:ETSY) said that it officially inked a definitive agreement with e-commerce giant eBay for an all-cash transaction of $1.2 billion.
Depop is a mobile-first, community-powered fashion marketplace experiencing strong momentum with annual gross merchandise sales (GMS) of approximately $1 billion last year, including nearly 60 percent year-on-year growth in the US. As of December 31, 2025, the marketplace had 7 million active buyers.
Etsy Inc. (NYSE:ETSY) said that proceeds from the sale would be used for general corporate purposes, fund its share buyback program, and for investments in its core marketplace. The transaction is expected to be closed in the second quarter of 2026, subject to regulatory approvals.
In other news, Etsy Inc. (NYSE:ETSY) reported a 46.3 percent drop in its net income last year at $162.98 million, versus $303.28 million in 2024. Revenues inched up by 2.7 percent to $2.88 billion from $2.8 billion year-on-year.
In the fourth quarter alone, net income declined by 14.8 percent to $110.7 million from $129.9 million year-on-year, while revenues were at $881.6 million, or a 3.5 percent pickup from $852 million in the same quarter a year earlier.
9. Occidental Petroleum Corp. (NYSE:OXY)
Occidental Petroleum rallied for a second day on Thursday, jumping 9.38 percent to close at $51.53 apiece as investors took heart from an 8-percent increase in its quarterly dividends.
In an updated report, Occidental Petroleum Corp. (NYSE:OXY) said that it has raised its dividends to $0.26 per share—already double the figure in the past four years. The first round will be paid on April 15, 2026, to all common shareholders as of March 10.
The dividends followed a strong financial performance in the fourth quarter of the year, with Occidental Petroleum Corp. (NYSE:OXY) narrowing its net loss attributable to shareholders by 77 percent at $68 million versus $297 million in the same quarter in 2024. Total oil and gas sales, however, were lower by 44 percent at $655 million versus $1.17 billion year-on-year.
In the full-year period, net income attributable to shareholders fell by 30.6 percent to $1.65 billion from $2.38 billion in 2024, while total oil and gas sales amounted to $4.59 billion, or lower by 11.7 percent than the $5.2 billion in the same comparable period.
In other news, Occidental Petroleum Corp. (NYSE:OXY) announced the tender offer of five senior notes due 2029 to 2036 for a total of $700 million.
However, only around $58 million will be accepted for the zero coupon series due 2036.
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