Keysight Technologies, Triumph Group, Riskified And Other Big Stocks Moving Higher On Wednesday

U.S. stocks traded mostly higher, with the Dow Jones gaining around 100 points on Wednesday. Here are some big stocks recording gains in today’s session.

• National Western Life Group, Inc. NWLI surged 35% to $360.76. National Western Life Group reported exploration of strategic alternatives.
• Tingo Group, Inc. TIO gained 17.7% to $4.51.
• Studio City International Holdings Limited MSC gained 16% to $7.92. Studio City recently reported Q1 financial results.
• ProPetro Holding Corp. PUMP rose 15.5% to $7.49. ProPetro plans $100 million share repurchase program.
• Triumph Group, Inc. TGI gained 14.7% to $12.06 after the company reported better-than-expected Q4 financial results and issued guidance.
• Western Alliance Bancorporation WAL rose 9.9% to $34.71 after the company released an investor update. The company said QTD deposit growth exceeded $2 billion as of May 12th.
• Riskified Ltd. RSKD gained 9.3% to $5.01 after the company reported better-than-expected Q1 revenue results and reiterated FY23 guidance.
• Purple Innovation, Inc. PRPL rose 8.5% to $3.2350.
• Comerica Incorporated CMA climbed 7.7% to $36.52. Shares of bank stocks traded higher after Western Alliance released an investor update showing QTD deposit growth exceeded $2 billion as of May 12th. This has helped ease some ongoing concerns over the financial sector.
• Keysight Technologies Inc KEYS gained 7.7% to $157.80 after the company reported better-than-expected earnings results for its second quarter on Tuesday.
• Clear Channel Outdoor Holdings, Inc. CCO rose 6.6% to $1.1415.
• Wynn Resorts, Limited WYNN climbed 6.1% to $109.35. Barclays upgraded Wynn Resorts from Equal-Weight to Overweight and raised the price target from $120 to $135.
• New York Community Bancorp, Inc. NYCB gained 4.8% to $10.65. New York Community Bancorp reported a secondary offering of common stock by the Federal Deposit Insurance Corporation.

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