IHS Holding Posts Upbeat Earnings, Joins Tencent Music Entertainment, Elbit Systems And Other Big Stocks Moving Higher On Tuesday

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U.S. stocks were lower, with the Dow Jones index falling around 300 points on Tuesday.

Shares of IHS Holding Limited IHS rose sharply during Tuesday's session following fourth-quarter results.

IHS Holding reported quarterly earnings of 73 cents per share which beat the analyst consensus estimate of 9 cents per share. The company reported quarterly sales of $437.822 million which beat the analyst consensus estimate of $424.001 million.

IHS shares jumped 15.2% to $4.5050 on Tuesday.

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

  • Harrow, Inc. HROW shares jumped 19.7% to $27.91 following fourth-quarter results.
  • FinVolution Group FINV gained 17% to $10.67 after the company reported better-than-expected fourth-quarter financial results. Also, the company announced a new $150 million share repurchase program.
  • China Liberal Education Holdings Limited CLEU gained 17% to $2.1755.
  • Phathom Pharmaceuticals, Inc. PHAT rose 15.9% to $5.61.
  • USA Rare Earth, Inc. USAR gained 12.4% to $16.01.
  • Lucid Group, Inc. LCID surged 11.6% to $2.4100. Morgan Stanley analyst Adam Jonas upgraded Lucid Group from Underweight to Equal-Weight and announced a $3 price target.
  • Tencent Music Entertainment Group TME rose 10.1% to $14.38 after the company reported better-than-expected quarterly sales.
  • Elbit Systems Ltd. ESLT gained 10% to $406.00 after the company reported better-than-expected fourth-quarter financial results.
  • Diginex Limited DGNX rose 9.9% to $71.18.
  • Millrose Properties, Inc. MRP gained 9.9% to $24.18 after the company declared inaugural dividend and issued 2025 outlook.
  • UP Fintech Holding Limited TIGR gained 9.3% to $8.71.
  • Metsera, Inc. MTSR rose 7.5% to $30.50.
  • RLX Technology Inc. RLX gained 6.4% to $2.0850.

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