5 Stocks Gaining Ground on Thursday

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In this article, we will discuss five stocks that are gaining ground on Thursday. If you want to take a look at some more stocks that are moving up today and the latest market situation, go directly to 10 Stocks Gaining Ground on Thursday.

5. PagerDuty, Inc. (NYSE:PD) has gained 15.4% as of 12:11 PM ET after reporting stronger than expected Q4 2021 results yesterday. The San Francisco, California-based IT operations management company reported revenues and loss per share of $78.51 million and four cents, respectively. This surpassed the consensus revenue and loss per share estimate of $76 million and six cents. For Q1 2022, PagerDuty, Inc. (NYSE:PD) anticipates revenue to be around $81.5 million to $83.5 million, compared to the analysts’ forecast of $80.2 million. Meanwhile, the company is anticipating a loss per share of around eight to nine cents as opposed to analysts’ loss per share estimate of six cents. Of the 924 hedge funds in Insider Monkey’s database, 27 reported owning a stake in PagerDuty, Inc. (NYSE:PD) as of Q4 2021.

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