Orchestra BioMed, Vital Farms And Other Big Stocks Moving Higher On Tuesday

U.S. stocks traded lower on Tuesday. Here are some big stocks recording gains in today’s session.

• Orchestra BioMed Holdings, Inc. OBIO jumped 24.4% to $10.50. The FDA granted an investigational device exemption to initiate BACKBEAT Study evaluating Orchestra biomed's atrioventricular interval modulation therapy (BACKBEAT CNT) for hypertensive patients who are indicated for a dual-chamber cardiac pacemaker.
• Rackspace Technology, Inc. RXT rose 20.2% to $1.78 after Raymond James upgraded the stock from Market Perform to Outperform and announced a $3.5 price target.
• Eos Energy Enterprises, Inc. EOSE gained 16.6% to $2.65.
• Ironwood Pharmaceuticals, Inc. IRWD surged 10% to $9.48.
• Conduent Incorporated CNDT rose 9.4% to $3.3703. Conduent and HealthEquity announced that they have entered into a definitive agreement to transfer BenefitWallet's Health Savings Account (HSA) portfolio to HealthEquity.
• Stem, Inc. STEM climbed 8.6% to $4.88. Stem expanded its India Center Of Excellence, aimed at fostering global growth, optimizing operations, and increasing customer value.
• Liberty TripAdvisor Holdings, Inc. LTRPB rose 8% to $29.17.
• Aspen Aerogels, Inc. ASPN jumped 7.6% to $6.41.
• Waldencast plc WALD gained 7.3% to $9.41.
• Methanex Corporation MEOH jumped 6.6% to $43.89. Raymond James upgraded Methanex from Market Perform to Outperform and raised the price target from $50 to $60.
• Lumen Technologies, Inc. LUMN rose 6.5% to $1.62.
• The Children's Place, Inc. PLCE surged 6% to $27.11.
• Array Technologies, Inc. ARRY gained 5.5% to $25.46.
• Semtech Corporation SMTC rose 5% to $25.48. Semtech Director Paul V. Walsh Jr. acquired a total of 20,000 shares at an average price of $24.83.
• Honda Motor Co., Ltd. HMC gained 4% to $36.59.
• Vital Farms, Inc. VITL rose 4% to $11.36 as the company updated long-term financial targets. The company sets $1 billion net revenue target for 2027.

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