Casey's General Stores, Cognyte Software, Beauty Health And Other Big Stocks Moving Higher On Tuesday

U.S. stocks traded lower, with the Dow Jones falling around 90 points on Tuesday. Here are some big stocks recording gains in today’s session.

• Shengfeng Development Limited SFWL shares jumped 45.3% to $13.53.
• Cognyte Software Ltd. CGNT shares rose 24.8% to $5.77 after the company reported better-than-expected second-quarter financial results and issued FY24 guidance above estimates
• The Beauty Health Company SKIN gained 16.6% to $6.38 after the company announced business transformation program to drive profitability and growth. The company’s board authorized a $100 million share repurchase.
• Bitfarms Ltd. BITF rose 15.5% to $1.2699.
• MoonLake Immunotherapeutics MLTX jumped 15.2% to $60.60 after rival Acelyrin reported Part B of its Phase 2b/3 trial of izokibep for Hidradenitis Suppurativa failed to meet its primary endpoint. MoonLake is also working on a treatment for Hidradenitis Suppurativa.
• TeraWulf Inc. WULF gained 14% to $1.9499.
• NextNav Inc. NN climbed 12.6% to $5.05.
• ImmunityBio, Inc. IBRX rose 11% to $1.7100. ImmunityBio announced $470 million in equity and debt financing from founder Dr. Patrick Soon-Shiong and Nant entities.
• Casey's General Stores, Inc. CASY climbed 10.4% to $264.39 following first-quarter earnings.
• United Homes Group, Inc. UHG gained 10.4% to $7.43.
• CleanSpark, Inc. CLSK rose 9.4% to $4.58.
• Riot Platforms, Inc. RIOT shares surged 9.4% to $11.09.
• IonQ, Inc. IONQ gained 8.6% to $21.39.
• Cipher Mining Inc. CIFR climbed 7.8% to $3.01.
• GameStop Corp. GME rose 6.7% to $18.16.
• Matrix Service Company MTRX shares gained 6.4% to $8.48 after the company posted a narrower-than-expected loss for its fourth quarter.
• Coinbase Global, Inc. COIN rose 6.3% to $85.71.
• VinFast Auto Ltd. VFS gained 6.2% to $17.59. Vinfast Auto filed prospectus related to offer of up to 10.8 million ordinary shares of common stock.
• Hut 8 Mining Corp. HUT rose 6% to $2.2699. Hut 8 Mining Mined 103 Bitcoin in August.
• IAMGOLD Corporation IAG gained 4.2% to $2.3250. RBC Capital upgraded Iamgold from Underperform to Sector Perform and raised the price target from $1.75 to $2.75.

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