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3M, General Electric And Some Other Big Stocks Moving Higher On Tuesday

Published 26/07/2022, 16:51
Updated 26/07/2022, 17:43
© Reuters.  3M, General Electric And Some Other Big Stocks Moving Higher On Tuesday

  • Pagaya Technologies Ltd. (NASDAQ: PGY) gained 30.7% to $12.52. The stock has seen continued volatility after the company completed its SPAC merger agreement last month.
  • Covenant Logistics Group, Inc. (NASDAQ: CVLG) climbed 15.8% to $33.84 following better-than-expected Q2 results.
  • Calix Inc (NYSE: CALX) shares gained 13.5% to $50.29 after the company announced upbeat Q2 results and issued strong Q3 sales forecast.
  • Encore Wire Corporation (NASDAQ: WIRE) shares gained 12.7% to $124.85 after the company reported Q2 results.
  • Shell (LON:RDSa) Midstream Partners, L.P. (NYSE: SHLX) rose 10.2% to $16.03 after the company, and Shell USA, announced the two have reached a definitive merger agreement.
  • Liberty Energy Inc. (NYSE: LBRT) gained 7.6% to $13.82 after reporting Q2 results. Liberty Energy said its Board Of Directors authorized a $250 million share repurchase program.
  • 3M Company (NYSE: NYSE:MMM) gained 6.9% to $143.40 after the company reported better-than-expected Q2 EPS and sales results.
  • General Electric Company (NYSE: NYSE:GE) jumped 6% to $72.46 after the company reported better-than-expected Q2 EPS and sales results.
  • WSFS Financial Corporation (NASDAQ: WSFS) gained 5.5% to $45.16 following upbeat Q2 results.
  • Hubbell Incorporated (NYSE: HUBB) rose 4.4% to $204.14 after the company reported better-than-expected Q2 EPS and sales results and issued FY22 adjusted EPS guidance above estimates.
  • Graphic Packaging Holding Company (NYSE: GPK) surged 4.2% to $22.55 following Q2 results.
  • Dycom Industries, Inc. (NYSE: DY) gained 4% to $97.98.
  • Xerox Holdings Corporation (NYSE: XRX) rose 3.8% to $16.17 following upbeat Q2 earnings.
  • Newmont Corporation (NYSE: NEM) gained 3.7% to $46.23. RBC Capital maintained Newmont with a Sector Perform and lowered the price target from $77 to $60.
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