FARO Technologies, Celanese, Avient, Aramark And Other Big Stocks Moving Higher On Tuesday
U.S. stocks were lower, with the Nasdaq Composite falling over 1% on Tuesday.
Shares of FARO Technologies, Inc. (NASDAQ:FARO) rose sharply during Tuesday's session after the company announced it entered into a definitive agreement to be acquired by AMETEK for an enterprise value of approximately $920 million.
FARO Technologies shares jumped 34.1% to $42.18 on Tuesday.
Here are some other big stocks recording gains in today’s session.
- Regencell Bioscience Holdings Limited (NASDAQ:RGC) shares jumped 42% to $132.09.
- Diversified Healthcare Trust (NASDAQ:DHC) rose 28% to $2.80 after the company reported first-quarter financial results and beat its FFO and sales estimates.
- EVgo, Inc. (NASDAQ:EVGO) gained 28% to $3.55 after the company reported better-than-expected first-quarter sales results and issued FY25 sales guidance with its midpoint above estimates.
- ThredUp Inc. (NASDAQ:TDUP) rose 25.4% to $5.57 after the company reported better-than-expected first-quarter results and raised its FY25 sales guidance.
- Ameresco, Inc. (NYSE:AMRC) gained 18% to $13.72 after the company reported better-than-expected quarterly financial results and issued FY25 guidance with its midpoint above estimates.
- Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) rose 17.5% to $10.72 after the company reported a first-quarter sales beat and issued FY25 sales guidance with its midpoint above estimates.
- Neurocrine Biosciences, Inc. (NASDAQ:NBIX) gained 12.8% to $123.73 after the company reported better-than-expected first-quarter financial results. Also, Needham maintained a Buy rating on the stock and raised its price target from $138 to $139.
- Hims & Hers Health, Inc. (NASDAQ:HIMS) rose 6.2% to $44.49 after the company reported first-quarter financial results. Also, the company issued second-quarter revenue guidance below estimates.
- Celanese Corporation (NYSE:CE) gained 7.2% to $48.01 following upbeat quarterly results.
- Avient Corporation (NYSE:AVNT) rose 6.4% to $36.19 following quarterly results.
- Fresenius Medical Care AG (NYSE:FMS) shares climbed 6.4% to $27.27 after the company reported better-than-expected quarterly financial results.
- Aramark (NYSE:ARMK) rose 6.4% to $36.41 following strong quarterly earnings.
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