Silicon Laboratories, Credit Acceptance, Stryker And Other Big Stocks Moving Higher On Wednesday

U.S. stocks traded lower, with the Dow Jones dropping over 200 points on Wednesday. Here are some big stocks recording gains in today’s session.

• Rapid7, Inc. RPD climbed 23.2% to $49.13. Rapid7 is working with Goldman Sachs Group to explore a potential sale, Reuters reported.
• Peloton Interactive, Inc. PTON jumped 21% to $15.58 after the company reported better-than-expected Q2 sales results and issued guidance.
• MicroVision, Inc. MVIS climbed 16.3% to $2.9187.
• Mercury Systems, Inc. MRCY surged 16.2% to $58.08 following Q2 results.
• Silicon Laboratories Inc. SLAB rose 14.4% to $179.57 following strong quarterly results.
• LivePerson, Inc. LPSN gained 14.3% to $14.72. LivePerson highlighted Conversational Cloud with Generative AI.
• LexinFintech Holdings Ltd. LX rose 13.5% to $3.7685.
• Dynatrace, Inc. DT jumped 13.5% to $43.63 following strong Q3 earnings.
• Baidu, Inc. BIDU gained 13.3% to $152.55.
• Powell Industries, Inc. POWL surged 12.1% to $44.49 following better-than-expected Q1 results.
• Atkore Inc. ATKR gained 11.9% to $145.78 following strong Q1 results.
• Mesoblast Limited MESO jumped 11.5% to $3.68. Cantor Fitzgerald reiterated Mesoblast with an Overweight and maintained a $23 price target.
• HUYA Inc. HUYA rose 10.8% to $6.09.
• Credit Acceptance Corporation CACC gained 10.6% to $511.69 following upbeat Q4 results.
• Baozun Inc. BZUN jumped 10.6% to $8.42.
• O-I Glass, Inc. OI gained 7.5% to $20.69 after the company reported better-than-expected Q4 EPS and sales results and issued Q1 and FY23 adjusted EPS guidance above estimates.
• Stryker Corporation SYK climbed 7.1% to $271.92 after the company reported better-than-expected Q4 adjusted EPS and sales results and issued FY23 adjusted EPS guidance.

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