Tesla, Adobe, Mission Produce And Other Big Stocks Moving Higher On Friday

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

• Braze, Inc. BRZE shares climbed 20.4% to $ 40.82 after the company posted upbeat first-quarter results and issued strong forecast.
• Disc Medicine Opco Inc IRON surged 17.2% to $46.26 after the company announced data from its ongoing Phase 2 open-label BEACON trial evaluating bitopertin in patients with erythropoietic protoporphyria and X-linked protoporphyria at the EHA 2023 Congress.
• Interactive Strength Inc. TRNR gained 16.9% to $5.16. Interactive Strength posted a narrower quarterly loss.
• Kingsoft Cloud Holdings Limited KC jumped 16.4% to $5.57. Kingsoft Cloud announced share purchase by Vice Chairman and Chief Executive Officer.
• Peloton Interactive, Inc. PTON gained 14.3% to $9.39.
• Trupanion, Inc. TRUP rose 12.5% to $26.23.
• Joby Aviation, Inc. JOBY surged 11.8% to $7.00 after Canaccord Genuity initiated coverage on the stock with a Buy rating and an $8 price target.
• Archer Aviation Inc. ACHR gained 11.4% to $3.4092 after Canaccord Genuity initiated coverage on the stock with a Buy rating and announced a $9 price target.
• Peloton Interactive, Inc. PTON climbed 10.8% to $9.11.
• Farfetch Limited FTCH rose 9.7% to $6.01.
• Inter & Co, Inc. INTR climbed 9.2% to $3.44.
• Mission Produce, Inc. AVO gained 9% to $13.65 after the company reported better-than-expected second-quarter financial results.
• Erasca, Inc. ERAS rose 8.8% to $2.96. Erasca Chairman and CEO Jonathan Lim acquired a total of 100,000 shares at an average price of $2.75.
• ImmunoGen, Inc. IMGN gained 8.5% to $17.09 after the company presented updated data from an interim analysis of the Phase 2 CADENZA trial of pivekimab in patients with frontline and relapsed/refractory blastic plasmacytoid dendritic cell neoplasm.
• Amprius Technologies, Inc. AMPX rose 8.9% to $10.00.
• Target Hospitality Corp. TH gained 8% to $16.47. Target Hospitality recently reported a year-over-year increase in first-quarter EPS results and better-than-expected sales results.
• Gaotu Techedu Inc. GOTU gained 7.4% to $3.1803.
• Nikola Corporation NKLA climbed 7% to $0.6518 on continued momentum after the company announced that it would adjourn and reconvene its annual meeting of stockholders on July 6, 2023.
• Tesla, Inc. TSLA rose 5.6% to $248.07 after Wedbush added the stock to its best ideas list and raised its price target from $215 to $300.
• Adobe Inc. ADBE gained 4.8% to $460.03 after Wells Fargo upgraded the stock from Equal-Weight to Overweight and raised its price target from $420 to $525.

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