Major U.S. indices closed higher, with the Dow Jones Industrial Average rising 0.26% to 49,662.66, the S&P 500 advancing 0.56% to 6,881.31 and the Nasdaq climbing 0.78% to 22,753.63.
These are the top stocks that gained the attention of retail traders and investors through the day:
Caravana Co. (NYSE:CVNA)
Carvana shares rose 3.02% to close at $361.53, with an intraday high of $366.26 and a low of $339.15. The stock’s 52-week range is $148.25 to $486.89. The stock crashed nearly 15% to $307.70 in the after-hours trading.
Carvana reported strong fourth-quarter results, with revenue rising 58% year-over-year to $5.60 billion, well above the $5.26 billion consensus estimate, as the company sold 163,522 vehicles, up 43% from a year ago. Adjusted EBITDA reached $511 million with a 9.1% margin, reflecting improved unit economics despite a sequential dip in profitability.
The company said it expects significant growth in retail units sold and adjusted EBITDA in 2026, including sequential improvement in the first quarter, as it continues scaling its model. CEO Ernie Garcia reiterated Carvana’s long-term goal of selling 3 million retail units annually at a 13.5% adjusted EBITDA margin by 2030–2035, helping drive steady gains in the stock following the report.
Figma Inc. (NYSE:FIG)
Figma Inc (NYSE:FIG) saw its stock climb 4.7% to $24.19, reaching an intraday high of $24.85 and a low of $22.84. The company’s 52-week high and low are $142.92 and $18.41, respectively. The stock shot up nearly 16% to $27.99 in the after-hours trading.
Figma shares rallied in extended trading after the company delivered a strong fourth quarter, beating expectations on both earnings and revenue. The company reported EPS of 8 cents, topping the 7-cent estimate, while revenue rose to $303.78 million from $216.95 million a year earlier, ahead of the $293.15 million consensus.
Looking ahead, Figma guided first-quarter revenue of $315 million to $317 million, well above estimates, and projected full-year fiscal 2026 revenue of $1.37 billion to $1.374 billion, also ahead of consensus, reinforcing confidence in continued growth.
DoorDash Inc. (NASDAQ:DASH)
DoorDash Inc (NASDAQ:DASH) experienced a 6.80% increase, closing at $173.38. The stock hit an intraday high of $175.17 and a low of $162.07, with a 52-week range of $155.4 to $285.49. The stock jumped 14.1% to $197.85 in extended trading.
On Wednesday, DoorDash posted EPS of 48 cents, below the 60-cent consensus, while revenue of $3.96 billion came in just shy of the $3.99 billion estimate, though up significantly from $2.87 billion a year ago.
For the first quarter, DoorDash expects marketplace GOV between $31 billion and $31.8 billion and adjusted EBITDA of $675 million to $775 million, as investors weigh continued growth against the earnings miss.
Occidental Petroleum Corporation (NYSE:OXY)
Occidental Petroleum shares rose 2.55% to $47.11, with an intraday high of $47.43 and a low of $46.26. The 52-week range is $34.78 to $52.58. In the after-hours trading, the stock rose 2.95% to $48.50.
Occidental Petroleum reported fourth-quarter earnings of 31 cents per share, significantly beating analyst estimates of 18 cents, which boosted investor confidence.
At year-end, the company reported 4.6 billion BOE of worldwide proved reserves, with a 98% all-in reserves replacement ratio and 107% organic replacement ratio.
Rackspace Technology Inc (NASDAQ:RXT)
Rackspace Technology Inc (NASDAQ:RXT) surged 226.97% to $1.37, with an intraday high of $1.71 and a low of $0.95. The stock’s 52-week range is $0.39 to $3.03. The stock declined 3.65% to $1.32 in the after-hours session.
Rackspace announced a strategic partnership with Palantir Technologies, which led to a dramatic rally as the company aims to enhance its deployment of Palantir’s Foundry and AI Platform.
Benzinga Edge Stock Rankings indicate Carvana stock has a Momentum in the 54th percentile and a Value in the 13th percentile.
This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
Photo Courtesy: Champ008 on Shutterstock.com
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