Fox, Warner Music, Eli Lilly, Chegg And Other Big Stocks Moving Higher On Tuesday

U.S. stocks traded lower, with the Dow Jones falling around 400 points on Tuesday. Here are some big stocks recording gains in today’s session.

  • Paymentus Holdings, Inc. PAY shares rose 29.4% to $13.76 after reporting better-than-expected quarterly results.
  • Kyndryl Holdings, Inc. KD climbed 23% to $15.32 after the company raised its FY24 earnings outlook and said it expects its fiscal 2024 adjusted free cash flow will be positive.
  • ePlus inc. PLUS jumped 20.8% to $69.99 following better-than-expected quarterly results.
  • Quanterix Corporation QTRX jumped 20.4% to $26.17 after reporting upbeat quarterly results.
  • Sterling Infrastructure, Inc. STRL gained 19.9% to $74.12 after reporting upbeat quarterly results.
  • CECO Environmental Corp. CECO jumped 19.3% to $14.01 after the company posted upbeat quarterly sales and increased FY23 revenue guidance.
  • Tilray Brands, Inc. TLRY jumped 19% to $2.6484 after the Canadian cannabis and packaged goods company announced a deal to acquire eight beer brands from Anheuser-Busch Inbev.
  • Latham Group, Inc. SWIM gained 18.1% to $4.50 following strong quarterly sales.
  • MannKind Corporation MNKD climbed 17.7% to $5.41 following strong quarterly results.
  • Novo Nordisk A/S NVO gained 17.4% to $189.48 after the company announced headline results from the SELECT cardiovascular outcomes trial showing Semaglutide 2.4 mg reduced risk of major adverse cardiovascular events by 20%.
  • Eli Lilly and Company LLY gained 16.6% to $529.61 after the company raised its FY23 guidance. The company also reported better-than-expected second-quarter earnings, including strong Mounjaro sales growth.
  • DocGo Inc. DCGO rose 16.3% to $10.59 following upbeat sales.
  • United States Cellular Corporation USM climbed 15.2% to $36.00. JP Morgan upgraded United States Cellular from Neutral to Overweight.
  • AdaptHealth Corp. AHCO gained 14.8% to $15.28 following upbeat sales.
  • Telephone and Data Systems, Inc. TDS rose 14.8% to $15.17. JP Morgan upgraded Telephone and Data from Neutral to Overweight and announced a $38 price target.
  • Structure Therapeutics Inc. GPCR gained 13.7% to $30.17
  • CPI Card Group Inc. PMTS climbed 13.4% to $27.42 following strong quarterly results.
  • James Hardie Industries plc JHX rose 11.7% to $30.30 following quarterly results.
  • CRISPR Therapeutics AG CRSP jumped 11.8% to $54.04 following strong quarterly results.
  • Seres Therapeutics, Inc. MCRB gained 11.3% to $5.14 following strong quarterly sales.
  • Brookdale Senior Living Inc. BKD gained 11.3% to $4.22 following strong quarterly results.
  • Cerevel Therapeutics Holdings, Inc. CERE climbed 10.8% to $22.78.
  • bluebird bio, Inc. BLUE gained 10.8% to $3.99 following a narrower-than-expected quarterly loss.
  • Chegg, Inc. CHGG rose 9.4% to $10.95 after reporting better-than-expected quarterly sales.
  • Stevanato Group S.p.A. STVN gained 9.1% to $ 35.54.
  • Warner Music Group Corp. WMG climbed 7.7% to $32.94. Warner Music Group reported third-quarter 2023 revenue growth of 9% year-on-year to $1.56 billion, beating the consensus of $1.48 billion.
  • Sterling Check Corp. STER jumped 7.6% to $11.89 following upbeat quarterly earnings.
  • Crane NXT, Co. CXT surged 7.5% to $61.78 following better-than-expected earnings.
  • Novavax, Inc. NVAX gained 7.3% to $8.07 following upbeat quarterly results.
  • The New York Times Company NYT surged 6% to $43.28 following upbeat quarterly results.
  • Payoneer Global Inc. PAYO rose 6% to $5.38 following strong quarterly results.
  • Fox Corporation FOXA gained 5% to $34.72 after the company reported strong fourth-quarter results and announced a $7 billion stock buyback.
  • Hims & Hers Health, Inc. HIMS shares surged 4.4% to $8.24 after the company posted upbeat second-quarter results and raised full-year revenue forecast.

 

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