Benzinga - by Lisa Levin, Benzinga Editor.
U.S. stocks traded lower, with the Nasdaq Composite falling more than 100 points on Tuesday. Here are some big stocks recording gains in today’s session.
- Vericity, Inc. (NASDAQ: VERY) shares climbed 87% to $11.11 after iA Financial Group announced it will acquire the company.
- POINT Biopharma Global Inc. (NASDAQ: PNT) gained 84% to $12.30. Eli Lilly And Co (NYSE: LLY) agreed to acquire POINT Biopharma Global at $12.50 per share in cash, an aggregate of approximately $1.4 billion.
- Clean Energy Fuels Corp. (NASDAQ: CLNE) rose 10.5% to $3.9691. Raymond James upgraded Clean Energy Fuels from Outperform to Strong Buy and announced a $6 price target.
- Warby Parker Inc. (NYSE: WRBY) gained 9% to $14.47. Evercore ISI Group upgraded Warby Parker from In-Line to Outperform and announced a $20 price target.
- Lantheus Holdings, Inc. (NASDAQ: LNTH) climbed 7% to $72.34 possibly after Eli Lilly agreed to acquire POINT Biopharma. Lantheus and POINT are partners for certain cancer programs.
- Oddity Tech Ltd. (NASDAQ: ODD) gained 6.1% to $29.79 after the company reported solid preliminary third-quarter results, allowing it to deliver net revenue growth of at least 58% in the first three quarters of 2023.
- Fiverr International Ltd. (NYSE: FVRR) rose 6% to $25.50. Roth MKM upgraded Fiverr Intl from Neutral to Buy and announced a $33 price target.
- Studio City International Holdings Limited (NYSE: MSC) climbed 5.4% to $5.81.
- NuScale Power Corporation (NYSE: SMR) gained 4.7% to $4.72.
- Synaptics Incorporated (NASDAQ: SYNA) climbed 4% to $91.51. Keybanc maintained Synaptics with an Overweight and raised the price target from $100 to $115.
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