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PDD Holdings, UP Fintech Holding, Big Lots And Other Big Stocks Moving Higher On Tuesday

Published 29/08/2023, 15:33
© Reuters.  PDD Holdings, UP Fintech Holding, Big Lots And Other Big Stocks Moving Higher On Tuesday

Benzinga - by Lisa Levin, Benzinga Editor.

U.S. stocks traded higher, with the Dow Jones gaining around 100 points on Tuesday. Here are some big stocks recording gains in today’s session.

  • iCoreConnect Inc. (NASDAQ: ICCT) shares jumped 70.4% to $2.7089 after dipping 20% on Monday.
  • Big Lots, Inc. (NYSE: BIG) rose 23.3% to $7.78 following better-than-expected quarterly results.
  • Globalstar, Inc. (NYSE: GSAT) surged 21% to $1.2850 after the company announced it appointed Dr. Paul Jacobs as CEO and announced an agreement to license XCOM Labs technology.
  • UP Fintech Holding Limited (NASDAQ: TIGR) rose 20.3% to $4.3450 following strong quarterly results.
  • PDD Holdings Inc. (NASDAQ: PDD) jumped 17.5% to $94.86 after the company reported upbeat second-quarter results.
  • Goosehead Insurance, Inc (NASDAQ: GSHD) gained 17% to $69.64. Goosehead Insurance will replace NuVasive Inc in the S&P SmallCap 600, effective Sept. 1.
  • Taysha Gene Therapies, Inc. (NASDAQ: TSHA) gained 17% to $2.79. Taysha Gene Therapies received written notice from the Nasdaq informing the company that it had regained compliance.
  • Ginkgo Bioworks Holdings, Inc. (NYSE: DNA) climbed 17% to $2.09 after the company and Google Cloud announced a five-year strategic cloud and AI partnership, intended to enable Ginkgo to develop and deploy AI tools for biology and biosecurity.
  • Inhibrx, Inc. (NASDAQ: INBX) jumped 15% to $22.25. Inhibrx announced a $200 million private placement financing.
  • KE Holdings Inc. (NYSE: BEKE) gained 11.5% to $16.45.
  • Gravity Co., Ltd. (NASDAQ: GRVY) climbed 11.4% to $76.86.
  • NovoCure Limited (NASDAQ: NVCR) gained 9.4% to $20.37. Wells Fargo analyst Larry Biegelsen maintained NovoCure with a Overweight and lowered the price target from $102 to $49.
  • Aclaris Therapeutics, Inc. (NASDAQ: ACRS) surged 9.4% to $7.22. Aclaris Therapeutics Chief Business Officer James Loerop bought a total of 14,705 shares at an average price of $6.80.
  • Jackson Financial Inc. (NYSE: JXN) climbed 9.3% to $37.87. Jackson Financial Inc. will replace NexTier Oilfield Solutions in the S&P SmallCap 600.
  • Chico's FAS, Inc. (NYSE: CHS) gained 9.1% to $5.59 following strong quarterly earnings.
  • Futu Holdings Limited (NASDAQ: FUTU) rose 8.8% to $59.82.
  • Opera Limited (NASDAQ: OPRA) climbed 6.6% to $14.52.
  • BeiGene, Ltd. (NASDAQ: BGNE) gained 6.6% to $215.24. Morgan Stanley maintained BeiGene with an Overweight and lowered the price target from $321 to $319.
  • AlloVir, Inc. (NASDAQ: ALVR) rose 5.1% to $3.3750.
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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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