Sony Group Posts Upbeat Earnings, Joins GameStop, Paysafe And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were higher, with the Dow Jones gaining around 20 points on Tuesday.

Shares of Sony Group Corporation SONY rose sharply during Tuesday's session after the company reported better-than-expected quarterly financial results.

Sony Group reported fiscal fourth-quarter 2023 sales growth of 14% year-on-year to $23.49 billion (3.48 trillion Japanese yen), beating the analyst consensus estimate of $19.20 billion. EPS of $1.04 (153.60 yen) beat the analyst consensus estimate of 79 cents, according to data from Benzinga Pro.

Sony Group shares gained 6.3% to $80.95 on Tuesday.

Here are some other big stocks recording gains in today's session.

• AMC Entertainment Holdings, Inc. AMC shares rose 72.1% to $8.93 after surging 78% on Monday.
• GameStop Corp. GME shares jumped 61.7% to $49.24 after retail investor Roaring Kitty made a return to social media on Monday via a post on X. The company's stock jumped over 74% on Monday.
• SunPower Corporation SPWR gained 62% to $4.4590 as high short-interest stocks gain amid the return of trader "Roaring Kitty" to social media. Additionally, the Biden administration raised tariffs on Chinese solar panels.
• Big Lots, Inc. BIG shares rose 39.7% to $5.18.
• Plug Power Inc. PLUG shares gained 35% to $3.9165 after the company received a conditional commitment for an up to $1.66 billion loan guarantee from the Department of Energy.
• MMTec, Inc. MTC gained 33% to $6.48.
• Harrow, Inc. HROW shares rose 29.3% to $15.61 after the company reported first quarter financial results.
• Beyond Meat, Inc. BYND jumped 27% to $10.14 after retail investor Roaring Kitty made a return to social media on Monday via a post on X.
• Delcath Systems, Inc. DCTH surged 25.5% to $6.80 following upbeat quarterly results.
• Tupperware Brands Corporation TUP surged 25% to $2.20 after retail investor Roaring Kitty made a return to social media on Monday via a post on X.
• AMTD Digital Inc. HKD climbed 24.4% to $4.5191.
• Sunnova Energy International Inc. NOVA rose 23.8% to $5.14 after the Biden administration raised tariffs on Chinese solar panels.
• Paysafe Ltd PSFE gained 23.6% to $19.37 as the company posted better-than-expected results for its first quarter.
• Pacific Biosciences of California, Inc. PACB gained 23% to $2.3750 amid a renewed surge in the space after popular retail trader ‘Roaring Kitty’ returned to social media.
• FuelCell Energy, Inc. FCEL rose 22.5% to $0.8745.
• Virgin Galactic Holdings, Inc. SPCE gained 20.6% to $1.2550 as high-short interest stocks gain amid the return of trader ‘Roaring Kitty’ to social media.
• Hertz Global Holdings, Inc. HTZ climbed 19.7% to $6.55.
• SmartRent, Inc. SMRT gained 17.5% to $2.82 after Land & Buildings sent a letter to the Board urging the exploration of strategic alternatives.
• BlackBerry Limited BB climbed 16.7% to $3.61 after retail investor Roaring Kitty made a return to social media on Monday via a post on X.
• On Holding AG ONON rose 14.7% to $35.21 after the company reported better-than-expected first-quarter financial results.
• Agilysys, Inc. AGYS rose 14.5% to $91.89 after the company reported better-than-expected quarterly financial results.
• Lucid Group, Inc. LCID gained 11.3% to $3.1220.
• Alcon Inc. ALC rose 9.6% to $88.47 following better-than-expected first-quarter earnings.
• Bloom Energy Corporation BE rose 9.5% to $12.65.
• Recursion Pharmaceuticals, Inc. RXRX gained 8.8% to $10.32. Recursion Pharmaceuticals recently announced the completion of BioHive-2.
• Robinhood Markets, Inc. HOOD gained 8.7% to $18.36. Roaring Kitty’s return may prompt retail investors to use the platform at a higher volume.
• Biohaven Ltd. BHVN rose 8.4% to $36.62.
• MP Materials Corp. MP gained 7.5% to $17.58. Benchmark analyst Subash Chandra reiterated MP Materials with a Buy and maintained a $30 price target.
• Rent the Runway, Inc. RENT shares gained 7.4% to $21.45 after gaining over 12% on Monday.
• Joby Aviation, Inc. JOBY rose 7.3% to $5.42.
• JetBlue Airways Corporation JBLU gained 6.1% to $6.39.
• Roku, Inc. ROKU rose 6% to $63.79.

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