United Natural Foods Posts Upbeat Results, Joins Alphabet, Ollie's Bargain, MoneyLion And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were mixed, with the Nasdaq Composite gaining around 100 points on Tuesday.

Shares of United Natural Foods, Inc. UNFI rose sharply during Tuesday's session following better-than-expected first-quarter financial results and raised its FY25 guidance.

United Natural Foods posted adjusted earnings of 16 cents per share, compared to market estimates for a loss of 1 cent per share. The company's quarterly sales came in at $7.87 billion versus expectations of $7.61 billion.

United Natural Foods shares surged 29% to $31.82 on Tuesday.

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

uniQure N.V. QURE shares jumped 105.6% to $15.00 after the company announced an agreement with the FDA on key elements of an accelerated pathway for AMT-130.
NewAmsterdam Pharma Company N.V. NAMS gained 35.5% to $25.10 after the company announced topline data from its Phase 3 BROADWAY trial of Obicetrapib.
Absci Corporation ABSI gained 21.5% to $3.8999.
Byrna Technologies Inc. BYRN surged 16.7% to $22.09 as the company announced preliminary fiscal fourth quarter record revenues of $28.0 million.
Rigetti Computing, Inc. RGTI gained 15.1% to $5.12. Quantum Machines and Rigetti announced successful AI-powered calibration of a Quantum Computer.
Solaris Energy Infrastructure, Inc. SEI gained 15.1% to $29.65. Solaris Energy Infrastructure priced its public offering of 6.5 million Class A shares at $24.75 each for net proceeds of $156 million.
Ollie’s Bargain Outlet Holdings, Inc. OLLI jumped 14.7% to $111.48 after the company reported better-than-expected third-quarter financial results.
MoneyLion Inc. ML gained 14.7% to $88.30 after the company announced an agreement to be acquired for $82 per share in cash for a total value of approximately $1 billion.
Alaska Air Group, Inc. ALK rose 13.5% to $61.54 r after the company unveiled “Alaska Accelerate”, a strategy to boost profitability and its global footprint. Additionally, the company issued a strong FY25 outlook and plans for nonstop routes to Tokyo and Seoul from Seattle.
Nebius Group N.V. NBIS gained 6.2% to $33.94.
Super Group (SGHC) Limited SGHC rose 5.9% to $7.01. The company issued business update as 2024 closes.
MakeMyTrip Limited MMYT climbed 5.5% to $121.32 after the company inked a Business Transfer Agreement to acquire the Happay Expense Management Platform from CRED for an undisclosed amount.
Alphabet Inc. GOOGL gained 4.6% to $183.45.