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Symbotic, New Relic, AMC Entertainment And Other Big Stocks Moving Higher On Monday

Published 31/07/2023, 17:13
© Reuters.  Symbotic, New Relic, AMC Entertainment And Other Big Stocks Moving Higher On Monday

Benzinga - U.S. stocks traded mixed, with the Dow Jones falling around 10 points on Monday. Here are some big stocks recording gains in today’s session.

  • Archer Aviation Inc. (NASDAQ: ACHR) rose 32.3% to $6.32 after the company entered into contracts with the US Air Force with a total value of up to $142 million.
  • GoodRx Holdings, Inc. (NASDAQ: GDRX) climbed 32% to $8.91 after TD Cowen upgraded the stock from Market Perform to Outperform and raised its price target from $6.5 to $12.
  • Fifth Wall Acquisition Corp. III (NASDAQ: FWAC) gained 27.3% to $14.67.
  • Xiao-I Corporation (NASDAQ: AIXI) rose 22.9% to $8.78.
  • Symbotic Inc. (NASDAQ: SYM) gained 24% to $52.44 after the company reported better-than-expected third-quarter results.
  • SoFi Technologies, Inc. (NASDAQ: SOFI) surged 18% to $11.28 after the company reported better-than-expected Q2 financial results, issued 2H adjusted net revenue guidance and raised FY23 adjusted net revenue guidance.
  • Nikola Corporation (NASDAQ: NKLA) gained 17.1% to $ 2.6585. The company announced an agreement in which J.B. Hunt Transport will purchase 13 Nikola zero-emission Class 8 EV trucks.
  • Innoviz Technologies Ltd. (NASDAQ: INVZ) climbed 15% to $ 3.9133 amid bullish commentary from a well known short seller.
  • Aurora Acquisition Corp. (NASDAQ: AURC) gained 14.3% to $50.37.
  • Canoo Inc. (NASDAQ: GOEV) climbed 13.6% to $0.6160.
  • 2U, Inc. (NASDAQ: TWOU) gained 13.5% to $4.63.
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) climbed 13.5% to $0.2913.
  • New Relic, Inc. (NYSE: NEWR) gained 13.4% to $83.99 after the company reported better-than-expected Q1 financial results and announced it will be acquired by Francisco Partners and TPG for $6.5 billion.
  • Palantir Technologies Inc. (NYSE: PLTR) climbed 9.2% to $19.44 on continued upward momentum after Wedbush on Friday initiated coverage on the stock with an Outperform rating and announced a $25 price target.
  • AMC Entertainment Holdings, Inc. (NYSE: AMC) rose 7.3% to $4.97 after the company announced record admissions revenue for the week of July 21-27.
  • BlackBerry Limited (NYSE: BB) climbed 6.1% to $5.04.
  • Roku, Inc. (NASDAQ: ROKU) gained 5.7% to $94.77 on continued strength after the company last week reported better-than-expected Q2 results and issued strong Q3 guidance.
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Read More: Top 5 Tech And Telecom Stocks That May Fall Off A Cliff

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