Symbotic, New Relic, AMC Entertainment And Other Big Stocks Moving Higher On Monday

U.S. stocks traded mixed, with the Dow Jones falling around 10 points on Monday. Here are some big stocks recording gains in today’s session.

• Archer Aviation Inc. ACHR rose 32.3% to $6.32 after the company entered into contracts with the US Air Force with a total value of up to $142 million.
• GoodRx Holdings, Inc. GDRX climbed 32% to $8.91 after TD Cowen upgraded the stock from Market Perform to Outperform and raised its price target from $6.5 to $12.
• Fifth Wall Acquisition Corp. III FWAC gained 27.3% to $14.67.
• Xiao-I Corporation AIXI rose 22.9% to $8.78.
• Symbotic Inc. SYM gained 24% to $52.44 after the company reported better-than-expected third-quarter results.
• SoFi Technologies, Inc. SOFI surged 18% to $11.28 after the company reported better-than-expected Q2 financial results, issued 2H adjusted net revenue guidance and raised FY23 adjusted net revenue guidance.
• Nikola Corporation NKLA gained 17.1% to $ 2.6585. The company announced an agreement in which J.B. Hunt Transport will purchase 13 Nikola zero-emission Class 8 EV trucks.
• Innoviz Technologies Ltd. INVZ climbed 15% to $ 3.9133 amid bullish commentary from a well known short seller.
• Aurora Acquisition Corp. AURC gained 14.3% to $50.37.
• Canoo Inc. GOEV climbed 13.6% to $0.6160.
• 2U, Inc. TWOU gained 13.5% to $4.63.
• Faraday Future Intelligent Electric Inc. FFIE climbed 13.5% to $0.2913.
• New Relic, Inc. NEWR gained 13.4% to $83.99 after the company reported better-than-expected Q1 financial results and announced it will be acquired by Francisco Partners and TPG for $6.5 billion.
• Palantir Technologies Inc. PLTR climbed 9.2% to $19.44 on continued upward momentum after Wedbush on Friday initiated coverage on the stock with an Outperform rating and announced a $25 price target.
• AMC Entertainment Holdings, Inc. AMC rose 7.3% to $4.97 after the company announced record admissions revenue for the week of July 21-27.
• BlackBerry Limited BB climbed 6.1% to $5.04.
• Roku, Inc. ROKU gained 5.7% to $94.77 on continued strength after the company last week reported better-than-expected Q2 results and issued strong Q3 guidance.

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