General Motors, Spotify, A. O. Smith And Other Big Stocks Moving Higher On Tuesday

U.S. stocks traded higher, with the Nasdaq Composite gaining over 100 points on Tuesday. Here are some big stocks recording lgainsosses in today’s session.

• Atlas Technical Consultants, Inc. ATCX jumped 120.7% to $12.07 after the company agreed to be acquired by GI Partners for $12.25 per share in cash.
• C3.ai, Inc. AI shares surged 25.5% to $20.46 after the company announced the launch of C3 Generative AI Product Suite.
• Stitch Fix, Inc. SFIX gained 18.2% to $5.32.
• Symbotic Inc. SYM climbed 14.4% to $15.47 after the company reported better-than-expected Q1 sales results.
• Lithium Americas Corp. LAC gained 13.5% to $24.97 after General Motors announced it will make a $650 million equity investment in the company.
• EHang Holdings Limited EH jumped 12.2% to $14.32.
• Green Plains Inc. GPRE gained 11.8% to $34.74. United, Tallgrass and Green Plains form Blue Blade Energy Joint venture to develop new sustainable aviation fuel technology using ethanol.
• Spotify Technology S.A. SPOT gained 11% to $110.95 after the company reported Q4 total revenue increased year over year and issued Q1 guidance.
• A. O. Smith Corporation AOS gained 10.3% to $65.72 after the company reported better-than-expected Q4 EPS and sales results.
• Inter & Co, Inc. INTR jumped 10.1% to $2.72 after Goldman Sachs upgraded the stock from Neutral to Buy and lowered its price target from $4.60 to $4.20.
• Blend Labs, Inc. BLND gained 9.7% to $1.7450.
• International Paper Company IP surged 9.2% to $41.29 after the company reported better-than-expected Q4 adjusted EPS results.
• Victoria's Secret & Co. VSCO gained 9.2% to $42.22 after the company raised Q4 EPS and sales guidance.
• Sensata Technologies Holding plc ST climbed 9.1% to $50.06 after the company reported better-than-expected Q4 adjusted EPS and sales results.
• PulteGroup, Inc. PHM surged 8.6% to $56.47 after the company reported better-than-expected Q4 results. Homebuilding gross margin expanded to 28.8% while home sale revenue increased 19.7%.
• Sanmina Corp SANM gained 7% to $59.42 after the company posted better-than-expected earnings for its first quarter and issued strong FY23 guidance.
• The Scotts Miracle-Gro Company SMG jumped 7% to $70.60. Barclays maintained Scotts Miracle Gro with an Overweight and raised the price target from $75 to $90.
• General Motors Company GM surged 6.9% to $38.79 after the company reported better-than-expected Q4 results and issued FY23 adjusted EPS guidance above estimates.

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