NextDecade, GigaCloud Technology And Other Big Stocks Moving Higher On Wednesday

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

• NextDecade Corporation NEXT shares surged 35% to $6.93 after the company announced it has entered into framework agreements with Global Infrastructure Partners and TotalEnergies to support the development of the Rio Grande LNG project.
• Coherent Corp. COHR jumped 17% to $50.13.
• IPG Photonics Corporation IPGP climbed 16.1% to $135.92. Raymond James upgraded IPG Photonics from Market Perform to Outperform and announced a $170 price target.
• Akoya Biosciences, Inc. AKYA rose 15.5% to $7.57.
• Microvast Holdings, Inc. MVST climbed 12.7% to $1.7698.
• Nikola Corporation NKLA gained 9.4% to $1.00 after jumping over 19% on Tuesday.
• Gol Linhas Aéreas Inteligentes S.A. GOL climbed 9.2% to $4.41.
• Matterport, Inc. MTTR rose 8.8% to $3.1898. Matterport announced Genesis, a generative AI initiative to transform how buildings are designed, built, and managed.
• WeWork Inc. WE gained 8.5% to $0.2126.
• Li Auto Inc. LI climbed 7.4% to $33.81.
• GigaCloud Technology Inc. GCT climbed 7% to $8.02. GigaCloud Technology board of directors has approved a share repurchase program to repurchase up to $25.0 million of its Class A ordinary shares.
• Surgery Partners, Inc. SGRY gained 6.5% to $41.66 in possible reaction to comments from UnitedHealth mentioning elevated volumes of non-urgent surgeries. The company owns and operates acute care and surgery hospitals.
• Community Health Systems, Inc. CYH rose 6.3% to $4.3550.
• Stryker Corporation SYK gained 5.5% to $297.22. Shares of medical equipment stocks traded higher in possible reaction to comments from UnitedHealth mentioning elevated volumes of non-urgent surgeries.
• Universal Health Services, Inc. UHS gained 5.1% to $148.15 in possible reaction to comments from UnitedHealth mentioning elevated volumes of non-urgent surgeries. The company owns and operates acute care and surgery hospitals.

Read More: Bitcoin Falls Below $26,000 Ahead Of Fed's Decision; XRP Becomes Top Loser