U.S. stocks traded lower, with the Dow Jones dropping over 250 points on Wednesday. Here are some big stocks recording gains in today’s session.

  • SunCar Technology Group Inc. SDA shares gained 51.5% to $29.53.
  • LL Flooring Holdings, Inc. LL shares rose 18.8% to $4.92. LL Flooring confirmed the receipt of $5.76 per share unsolicited, non-binding proposal from Cabinets To Go, a subsidiary of F9 Brands.
  • Nano-X Imaging Ltd. NNOX gained 12.7% to $19.23.
  • Chindata Group Holdings Limited CD surged 11.1% to $5.59 after reporting first-quarter results.
  • Lyell Immunopharma, Inc. LYEL shares gained 10.8% to $3.0595.
  • Palomar Holdings, Inc. PLMR climbed 10.6% to $52.30 as the company announced successful completion of June 1 reinsurance renewal and raised full year 2023 adjusted net income guidance.
  • Centerra Gold Inc. CGAU rose 10.3% to $6.03.
  • SoFi Technologies, Inc. SOFI surged 10% to $6.64 following a tentative debt limit agreement, which would reinstate student loan payments.
  • Noah Holdings Limited NOAH shares rose 8.9% to $15.98 following strong first-quarter sales.
  • Zai Lab Limited ZLAB gained 8.1% to $33.26.
  • Oculis Holding AG OCS rose 7.3% to $11.86. Oculis, on Tuesday, announced launch of proposed follow-on public offering of 5 million ordinary shares.
  • Intel Corporation INTC gained 6% to $31.76 amid the company's presentation at TD Cowen's 51st Annual Technology, Media & Telecom Conference.
  • Twilio Inc. TWLO surged 6% to $66.41 following a report suggesting Legion Partners has met with the company's board and management, urging the company to make changes to the board and consider divestitures.
  • Five9, Inc. FIVN gained 5.5% to $64.22. Mizuho initiated coverage on Five9 with a Buy rating and announced a price target of $100.

 

Read More: Dow Tumbles Over 200 Points; Chicago PMI Drops In May

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