Stitch Fix, Dave & Buster's Entertainment, Affirm Holdings And Other Big Stocks Moving Higher On Wednesday

U.S. stocks traded higher, with the Nasdaq Composite rising around 50 points on Wednesday. Here are some big stocks recording gains in today’s session.

  • Yext, Inc. YEXT shares gained 32.8% to $12.74 after the company reported better-than-expected first-quarter results and issued strong FY24 forecast.
  • Stitch Fix, Inc. SFIX shares jumped 31.5% to $4.84 as the company reported better-than-expected results for its third quarter.
  • Chijet Motor Company, Inc. CJET climbed 25.7% to $5.28 after dropping around 29% on Tuesday.
  • Dave & Buster's Entertainment, Inc. PLAY gained 23.6% to $41.73 following upbeat quarterly earnings. The company inked a 15-store deal with the Malpani Group in India and a 5-store agreement with the NightOwl Entertainment Group in Australia.
  • Aurora Innovation, Inc. AUR jumped 20% to $1.8250. Canaccord Genuity initiated coverage on Aurora Innovation with a Buy rating and announced a price target of $5.
  • Affirm Holdings, Inc. AFRM rose 19.4% to $18.90 after Amazon added Affirm's Adaptive Checkout as a payment option at checkout.
  • Diversified Healthcare Trust DHC gained 17.2% to $2.32. Diversified Healthcare Trust Director Adam D Portnoy acquired a total 5,566,644 shares an average price of $1.77.
  • Novonix Limited NVX gained 15.8% to $3.07. AVL Test Systems, Inc. announced it has finalized a Sales and Service Agreement with NOVONIX Battery Technology Solutions, a subsidiary of NOVONIX Limited.
  • Chindata Group Holdings Limited CD climbed 15% to $7.22. Chindata Group announced receipt of preliminary non-binding "going private" proposal for $8 per ADS in cash.
  • Getty Images Holdings, Inc. GETY gained 13.1% to $6.31.
  • Symbotic Inc. SYM climbed 12.7% to $40.29. Several analysts raised their price targets on the stock.
  • Super Micro Computer, Inc. SMCI gained 11.9% to $260.99. Rosenblatt initiated coverage on Super Micro Computer with a Buy rating and announced a price target of $300.
  • Fisker Inc. FSR gained 11.8% to $6.53. Fisker said that it has agreed to sell emission credits to a “major” automaker.
  • Palantir Technologies Inc. PLTR surged 10.1% to $17.02 after the company announced a multi-year partnership with Panasonic Energy to operationalize data and introduce automated efficiencies.
  • Roku, Inc. ROKU rose 10.1% to $69.33. Rosenblatt reiterated Roku with a Neutral and announced a $61 price target.
  • Purple Innovation, Inc. PRPL jumped 9.5% to $3.24.
  • Carvana Co. CVNA gained 8.9% to $16.09.
  • Consolidated Water Co. Ltd. CWCO gained 8.8% to $21.92. Consolidated Water and subsidiary, PERC Water, won a $204 million contract to design, build, operate and maintain a seawater desalination plant in Hawaii.
  • Energy Vault Holdings, Inc. NRGV gained 8.6% to $2.9968.
  • Empire State Realty OP, L.P. ESBA rose 7.9% to $6.67.
  • Faraday Future Intelligent Electric Inc. FFIE climbed 7.8% to $0.3859.
  • Hyliion Holdings Corp. HYLN rose 7% to $1.8399.
  • Spirit AeroSystems Holdings, Inc. SPR gained 6.6% to $29.72 following an unconfirmed rumor suggesting Elliot Management may be eyeing a stake in the company.

 

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