Carnival, SMART Global, Friedman Industries And Other Big Stocks Moving Higher On Friday

U.S. stocks traded higher, with the Dow Jones gaining more than 200 points on Friday. Here are some big stocks recording gains in today’s session.

• Addentax Group Corp. ATXG shares gained 47.3% to $9.68. Addentax Group is launching automation of artificial intelligence internet operational tools project with top Games-as-a-Service firms.
• CymaBay Therapeutics, Inc. CBAY jumped 40% to $10.97.
• TOP Financial Group Limited TOP shares rose 32.2% to $10.31 after the company reported FY23 financial results.
• Friedman Industries, Incorporated FRD gained 19.6% to $11.90 after posting a profit for the fourth quarter.
• Rackspace Technology, Inc. RXT surged 15.8% to $2.27. Rackspace Technology partnered with Google Cloud to offer cutting-edge generative AI services and solutions using the FAIR practice.
• MicroVision, Inc. MVIS jumped 12.8% to $4.40.
• XPeng Inc. XPEV rose 12.4% to $13.29 after CLSA upgraded the stock from Buy to Outperform and raised the price target from $10 to $13.1. The company, on Thursday. launched G6 Ultra Smart Coupe SUV in China.
• Alvotech ALVO gained 12.2% to $7.74. The FDA issued a complete response letter to second application for AVT02, biosimilar candidate for Humira.
• Digital Turbine, Inc. APPS jumped 11.3% to $9.58.
• Savara Inc. SVRA gained 10% to $2.97.
• Vitru Limited VTRU rose 9.5% to $17.61.
• Arcutis Biotherapeutics, Inc. ARQT gained 9.4% to $9.12.
• Aurinia Pharmaceuticals Inc. AUPH shares climbed 9% to $9.98 after the board announced exploration of strategic alternatives to maximize shareholder value.
• Accolade, Inc. ACCD rose 8.4% to $13.71 after the company reported better than expected first-quarter earnings.
• Bausch + Lomb Corporation BLCO climbed 7.8% to $20.68 after the company announced it entered into a definitive agreement with Novartis to acquire XIIDRA.
• Carnival Corporation CCL gained 7.8% to $18.50 after Jefferies upgraded the stock from Hold to Buy and raised the price target from $9 to $25.
• SMART Global Holdings, Inc. SGH rose 7.7% to $28.69 after the company reported better-than-expected third-quarter financial results and issued guidance.
• GoGreen Investments Corporation GOGN gained 6.3% to $11.30 after the company announced shareholder approval of business combination with Lifezone Metals.
• NIO Inc. NIO rose 6.2% to $9.98.

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