CIRCOR International, Enovix, Edgewise Therapeutics And Other Big Stocks Moving Higher On Tuesday

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

• American Equity Investment Life Holding Company AEL shares rose 17.6% to $53.02 after the company announced it has received a $55 per share acquisition proposal from Brookfield Reinsurance.
• Astrotech Corporation ASTC climbed 13.5% to $12.95. Astrotech 13D filing showed BML Investment Partners, L.P. increased stake in the company to 13%.
• Enovix Corporation ENVX rose 12.1% to $14.71 after the company announced it received a purchase order to produce battery cells for the U.S. Army.
• WeWork Inc. WE jumped 11.1% to $0.2601.
• Global Blue Group Holding AG GB gained 10.1% to $4.46.
• Edgewise Therapeutics, Inc. EWTX climbed 9.9% to $7.54 as the company released 12-month topline results from the ARCH study, an open-label, single-center study assessing EDG-5506 in adults with Becker Muscular Dystrophy (BMD).
• Ispire Technology Inc. ISPR gained 9.6% to $8.52 after the company announced it raised roughly $8 million in a private placement of common stock.
• Hut 8 Mining Corp. HUT rose 9.1% to $2.90.
• Unity Software Inc. U rose 9.2% to $40.10 after the company announced a new AI marketplace and Wells Fargo initiated coverage on the stock with an Overweight rating and $48 price target.
• Marathon Digital Holdings, Inc. MARA gained 8.9% to $12.84.
• Aurora Innovation, Inc. AUR climbed 8.6% to $2.39.
• Origin Materials, Inc. ORGN rose 8.3% to $4.46.
• CIRCOR International, Inc. CIR rose 8.2% to $51.85 after the company announced it accepted a proposal from KKR to increase the price of its previously announced definitive merger agreement from $49 to $51 per common share in cash.
• Stratasys Ltd. SSYS gained 7.8% to $17.50. Nano Dimension increased special tender offer price for Stratasys shares to $20.05/share in cash and extended offer period to July 24.
• Hawaiian Holdings, Inc. HA surged 7.6% to $9.26.
• NIO Inc. NIO rose 6.2% to $8.92. Shares of Chinese stocks traded higher after Chinese premier Li Qiang said the country is still on track to reach its 5% annual growth target.

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