Benzinga - U.S. stocks closed higher on Tuesday, with the Nasdaq Composite gaining more than 150 points. Here is the list of some big stocks recording gains in the previous session.
- 4D Molecular Therapeutics, Inc. (NASDAQ: FDMT) jumped 38.6% to close at $18.69 after Goldman Sachs (NYSE:GS) upgraded the stock from Neutral to Buy and announced a $68 price target.
- Sea Limited (NYSE: SE) shares rose 36.1% to settle at $62.31 after the company reported better-than-expected Q3 results.
- Tencent (HK:0700) Music Entertainment Group (NYSE: TME) surged 30.6% to close at $5.81 following upbeat quarterly earnings.
- Bilibili Inc. (NASDAQ: BILI) surged 26.4% to close at $16.28. Bilibili is expected to report Q3 financial results on Tuesday, November 29, 2022.
- Lufax Holding Ltd (NYSE: LU) gained 23.8% to close at $2.34.
- GDS Holdings Limited (NASDAQ: GDS) rose 22.7% to close at $16.62.
- Shoals Technologies Group, Inc. (NASDAQ: SHLS) surged 21.9% to close at $27.40 after the company reported better-than-expected Q3 results. The company also raised the midpoint for its FY22 sales guidance.
- Azenta, Inc. (NASDAQ: AZTA) gained 21.8% to close at $56.75 after the company reported better-than-expected Q4 results.
- MINISO Group Holding Limited (NYSE: MNSO) surged 20% to settle at $10.94. Miniso Group recently reported better-than-expected Q1 financial results.
- Quhuo Limited (NASDAQ: QH) gained 18.6% to close at $1.72 after the company reported better-than-expected H1 EPS and sales results.
- iQIYI, Inc. (NASDAQ: IQ) gained 16.5% to close at $3.10.
- Endava plc (NYSE: DAVA) surged 15.6% to close at $80.45 following Q1 results.
- Evoqua Water Technologies Corp. (NYSE: AQUA) gained 14.9% to close at $44.79 following strong quarterly results.
- Thoughtworks Holding, Inc. (NASDAQ: TWKS) jumped 14% to close at $9.51. Thoughtworks recently reported worse-than-expected Q3 adjusted EPS results and issued Q4 adjusted EPS and sales guidance below analyst estimates.
- Full Truck Alliance Co. Ltd. (NYSE: YMM) gained 12.9% to close at $7.35.
- Nu Holdings Ltd. (NYSE: NU) rose 12.9% to close at $4.91 as the company reported better-than-expected sales for its third quarter. The company also reported it added 5.1 million customers in the third quarter to hit a total of 70.4 million, up 46% year-over-year.
- The Trade Desk, Inc. (NASDAQ: TTD) gained 12.1% to close at $53.56.
- Weibo Corporation (NASDAQ: WB) jumped 11.6% to settle at $15.35.
- UiPath Inc. (NYSE: PATH) gained 11.3% to close at $13.41 after the company reported Q3 preliminary sales results above analyst estimates.
- Alibaba (NYSE:BABA) Group Holding Limited (NYSE: BABA) rose 11.2% to close at $79.30. Shares of Chinese companies traded higher amid multiple recent catalysts including the Biden-Xi G20 meeting, property sector support and lighter-than-expected US inflation data.
- Pacific Biosciences of California, Inc. (NASDAQ: PACB) gained 10.6% to close at $11.20.
- Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) rose 10.5% to close at $80.46 after Berkshire Hathaway (NYSE:BRKa) and Tiger Global took stakes in the company.
- Unity Software Inc. (NYSE: U) gained 10.3% to close at $36.04.
- J&J Snack Foods Corp. (NASDAQ: JJSF) surged 9.8% to settle at $151.55 following Q4 results.
- NetEase (NASDAQ:NTES), Inc. (NASDAQ: NTES) climbed 9.8% to close at $71.60.
- Trupanion, Inc. (NASDAQ: TRUP) gained 8.7% to close at $62.66.
- Louisiana-Pacific Corporation (NYSE: LPX) jumped 7.8% to close at $63.52 after Berkshire Hathaway disclosed a $297 million stake in the company.
- New Oriental Education & Technology Group Inc. (NYSE: EDU) jumped 5.7% to close at $27.16.