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Arista Networks, JinkoSolar, Repligen, Shutterstock And Other Big Stocks Moving Higher On Tuesday

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Arista Networks, JinkoSolar, Repligen, Shutterstock And Other Big Stocks Moving Higher On Tuesday

U.S. stocks traded lower, with the Dow Jones falling more than 50 points on Tuesday. Here are some major stocks recording gains in today’s session.

  • Verve Therapeutics, Inc. (NASDAQ: VERV) gained 27% to $11.95. Eli Lilly said it will acquire rights under Beam Therapeutics’ amended collaboration and license agreement with Verve, including rights to co-develop and co-commercialize Verve's base editing programs for cardiovascular disease.
  • Wolfspeed, Inc. (NYSE: WOLF) gained 22.7% to $34.02 after the company reported first-quarter earnings.
  • Repligen Corporation (NASDAQ: RGEN) shares surged 20.5% to $137.65 following better-than-expected results.
  • Shutterstock, Inc. (NYSE: SSTK) rose 18.6% to $40.71 after the company posted upbeat third-quarter results and raised FY23 outlook.
  • Harmony Biosciences Holdings, Inc. (NASDAQ: HRMY) gained 17.7% to $23.21 following third-quarter results.
  • Pinterest, Inc. (NYSE: PINS) shares gained 16.9% to $29.34 after the company reported better-than-expected third-quarter financial results and issued guidance.
  • Two Harbors Investment Corp. (NYSE: TWO) surged 16.8% to $11.74 following quarterly results.
  • Insperity, Inc. (NYSE: NSP) rose 14.3% to $110.31 following upbeat results.
  • Perficient, Inc. (NASDAQ: PRFT) climbed 13.6% to $58.51 following strong quarterly sales.
  • Granite Construction Incorporated (NYSE: GVA) rose 13.4% to $38.92 following strong quarterly results.
  • AMMO, Inc. (NASDAQ: POWW) gained 13.3% to $2.98. AMMO is expected to release financial results for its fiscal second quarter 2024 on Nov. 9, 2023.
  • The Vita Coco Company, Inc. (NASDAQ: COCO) surged 12.7% to $26.34 following upbeat earnings.
  • Beam Therapeutics Inc. (NASDAQ: BEAM) gained 12.5% to $21.50 after Eli Lilly agreed to acquire certain rights under Beam's agreement with Verve Therapeutics.
  • Pulmonx Corporation (NASDAQ: LUNG) rose 12.2% to $8.85 as the company posted third-quarter results and raised 2023 revenue outlook.
  • Ardelyx, Inc. (NASDAQ: ARDX) jumped 12.1% to $4.0590 following strong quarterly results.
  • Harmonic Inc. (NASDAQ: HLIT) rose 12% to $10.90 following third-quarter results.
  • Otter Tail Corporation (NASDAQ: OTTR) gained 11.3% to $77.63 after the company posted third-quarter results and raised 2023 EPS guidance.
  • Arista Networks, Inc. (NYSE: ANET) climbed 10.8% to $194.69 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter revenue guidance above estimates.
  • JinkoSolar Holding Co., Ltd. (NYSE: JKS) rose 10.3% to $32.58 after the company reported better-than-expected quarterly results. Also, the company disclosed its N-Type Monocrystaline Silicon Solar Cell set a new record.
  • Phreesia, Inc. (NYSE: PHR) gained 9% to $13.51.
  • Cameco Corporation (NYSE: CCJ) climbed 8.5% to $41.09 following quarterly results.
  • Ryerson Holding Corporation (NYSE: RYI) gained 8.2% to $29.76 following third-quarter results.
  • Tourmaline Bio, Inc. (NASDAQ: TRML) surged 8.1% to $16.05. Guggenheim initiated coverage on Tourmaline Bio with a Buy rating and announced a price target of $50.
  • Erasca, Inc. (NASDAQ: ERAS) gained 7.5% to $2.3750.
  • Leidos Holdings, Inc. (NYSE: LDOS) climbed 7.1% to $98.29 following strong quarterly results.
  • TopBuild Corp. (NYSE: BLD) gained 5.2% to $230.90 following quarterly results.
  • HomeStreet, Inc. (NASDAQ: HMST) rose 3.1% to $4.71 following better-than-expected third-quarter earnings.

Now Read This: Chesapeake Energy Gears Up For Q3 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

 

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