Akamai Technologies, Array Technologies Music, HNI, PENN Entertainment And Other Big Stocks Moving Higher On Wednesday

U.S. stocks traded lower, with the Nasdaq Composite falling around 100 points on Wednesday. Here are some big stocks recording gains in today’s session.

• Tango Therapeutics, Inc. TNGX gained 85.2% to $7.09 after gaining 11% on Tuesday. Tango Therapeutics recently posted a narrower quarterly loss.
• Decibel Therapeutics, Inc. DBTX rose 76% to $4.9150 after Regeneron announced it will acquire the company.
• Mirati Therapeutics, Inc. MRTX climbed 30.1% to $36.17 after the company reported second-quarter financial results. Also, B. Riley Securities upgraded the stock from Neutral to Buy and announced a $45 price target.
• Array Technologies, Inc. ARRY gained 27.8% to $22.85 following a second-quarter earnings beat.
• Computer Task Group, Incorporated CTG rose 27.8% to $10.23 after the company announced it will be acquired by Cegeka for $10.50 per share.
• LivePerson, Inc. LPSN gained 27.5% to $5.09 r after the company announced a second-quarter earnings beat. The company named John Collins as the Interim CEO.
• PMV Pharmaceuticals, Inc. PMVP climbed 22.3% to $8.31 after the company reported better-than-expected second-quarter EPS results.
• Celsius Holdings, Inc. CELH rose 21.8% to $174.73 after the company reported better-than-expected second-quarter financial results.
• DMC Global Inc. BOOM gained 19.8% to $21.03 following quarterly results.
• Dutch Bros Inc. BROS climbed 19.8% to $33.55 after the company reported better-than-expected quarterly EPS results and issued FY23 guidance.
• Azenta, Inc. AZTA rose 19.6% to $57.45 fter the company reported better-than-expected third-quarter financial results and issued fourth-quarter EPS guidance above estimates. Additionally, Needham raised its price target from $55 to $65 on the stock.
• ThredUp Inc. TDUP gained 19.5% to $3.85 after the company reported better-than-expected second-quarter financial results and issued revenue guidance. Also, Goldman Sachs raised its price target from $3 to $4 on the stock.
• Taboola.com Ltd. TBLA gained 17% to $3.9450 after the company reported better-than-expected second-quarter financial results and raised its FY23 revenue guidance.
• Anavex Life Sciences Corp. AVXL jumped 16.2% to $ 9.33.
• Rapid7, Inc. RPD rose 16% to $46.15 after the company reported better-than-expected second-quarter financial results and issued FY23 EPS guidance above estimates. Additionally, Morgan Stanley raised its price target from $48 to $52 on the stock.
• Toast, Inc. TOST jumped 15.7% to $23.39 after the company reported mixed quarterly financial results and issued FY23 revenue guidance above estimates.
• Marqeta, Inc. MQ rose 15.5% to $5.73 following strong quarterly sales.
• IDEAYA Biosciences, Inc. IDYA jumped 15.5% to $24.93 after SVB Leerink initiated coverage on the stock with an Outperform rating and announced a $33 price target.
• SciPlay Corporation SCPL gained 15.4% to $22.67 after the company reported better-than-expected second-quarter financial results.
• Orthofix Medical Inc. OFIX jumped 15.3% to $20.72 after the company reported better-than-expected second-quarter financial results and raised FY23 net sales guidance above estimates.
• Axon Enterprise, Inc. AXON surged 14.5% to $201.29 after the company reported better-than-expected second-quarter financial results and raised its FY23 revenue guidance above estimates.
• Arcturus Therapeutics Holdings Inc. ARCT rose 13.3% to $29.15.
• Liberty Latin America Ltd. LILA gained 13% to $9.49 after the company reported second-quarter revenue results..
• Blink Charging Co. BLNK jumped 12.9% to $6.98 after the company reported better-than-expected second-quarter financial results.
• Oscar Health, Inc. OSCR rose 12.7% to $8.04 following quarterly results.
• HNI Corporation HNI gained 10.8% to $32.24 following strong quarterly earnings.
• Vertex, Inc. VERX rose 9.9% to $19.53 after the company reported better-than-expected second-quarter revenue results and issued third-quarter revenue guidance above estimates.
• PENN Entertainment, Inc. PENN rose 9.8% to $27.27 after the company reported better-than-expected second-quarter financial results and announced an exclusive U.S. online sports betting agreement with ESPN.
• Zai Lab Limited ZLAB gained 9.7% to $26.52.
• Duolingo, Inc. DUOL gained 9.3% to $148.66 after the company reported better-than-expected second-quarter financial results.
• Coupang, Inc. CPNG rose 8.5% to $19.44 after the company reported better-than-expected second-quarter financial results.
• Akamai Technologies, Inc. AKAM gained 8.4% to $102.91 after the company reported better-than-expected second-quarter financial results and issued FY23 adjusted EPS and revenue guidance above estimates.
• The Goodyear Tire & Rubber Company GT rose 5% to $13.49.

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