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Turquoise Hill Resources, Intuit And Some Other Big Stocks Moving Higher On Wednesday

Stock Markets Aug 24, 2022 16:41
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© Reuters Turquoise Hill Resources, Intuit And Some Other Big Stocks Moving Higher On Wednesday
 
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  • Turquoise Hill Resources Ltd. (NYSE: TRQ) climbed 25% to $29.14 after Rio Tinto (LON:RIO) Group raised its offer to buy out Turquoise Hill Resources.
  • Farfetch Limited (NYSE: FTCH) shares climbed 18.9% to $9.32 after the company announced the acquisition of a 47.5% stake in YNAP.
  • Peloton (NASDAQ:PTON) Interactive, Inc. (NASDAQ: PTON) gained 17.5% to $13.15 after the company announced it launched products, apparel and accessories in Amazon (NASDAQ:AMZN)'s US stores.
  • Absolute Software Corporation (NASDAQ: ABST) jumped 17.3% to $11.99 following upbeat quarterly results.
  • GigaCloud Technology Inc. (NASDAQ: GCT) shares gained 16.3% to $30.99 after dipping over 35% on Tuesday. Gigacloud Technology recently priced its IPO at $12.25 per share.
  • Bed Bath & Beyond Inc. (NASDAQ: BBBY) rose 15.3% to $10.12 after the company reportedly secured a loan deal to bolster its balance sheet. The home goods retailer has selected a lender following a marketing process undertaken by JPMorgan Chase (NYSE:JPM) & Co, the Wall Street Journal reported, citing people familiar with the matter.
  • Flexsteel Industries, Inc. (NASDAQ: FLXS) gained 15% to $19.67 after GSC Generation submitted a proposal to acquire the company for $20.80 per share in cash.
  • Tattooed Chef, Inc. (NASDAQ: TTCF) rose 14% to $7.15 after the company announced an expanded distribution agreement with Walmart (NYSE:WMT) that will increase the availability of the company's branded products in stores across the US.
  • Playtika Holding Corp. (NASDAQ: PLTK) rose 11.7% to $11.52. The company recently posted downbeat quarterly results.
  • Cameco Corporation (NYSE: CCJ) gained 11.6% to $26.28.
  • Fluence Energy, Inc. (NASDAQ: FLNC) rose 11.6% to $19.54.
  • Natura &Co Holding S.A. (NYSE: NTCO) gained 9.3% to $6.33.
  • ChargePoint Holdings, Inc. (NYSE: CHPT) jumped 9% to $15.48.
  • Verve Therapeutics, Inc. (NASDAQ: VERV) gained 8.7% to $39.99. Verve Therapeutics recently announced new preclinical data supporting the nomination of the company's second product candidate, VERVE-201.
  • Tencent (HK:0700) Music Entertainment Group (NYSE: TME) surged 8.3% to $4.7650. The company recently posted upbeat quarterly earnings.
  • Enovix Corporation (NASDAQ: ENVX) rose 8.1% to $23.06.
  • Stem, Inc. (NASDAQ: STEM) climbed 7.9% to $14.82.
  • HighPeak Energy, Inc. (NASDAQ: HPK) gained 7.3% to $24.42.
  • Intuit Inc. (NASDAQ: NASDAQ:INTU) rose 5.6% to $474.64 after the company reported better-than-expected financial results.
  • JD.com, Inc. (NASDAQ: JD) gained 5.6% to $60.44. JD.com reported second-quarter FY22 revenue growth of 5.4% year-on-year to $40 billion, beating the consensus of $38.63 billion.
  • © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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    Turquoise Hill Resources, Intuit And Some Other Big Stocks Moving Higher On Wednesday
     

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