Alibaba, Standard Lithium, Anterix And Other Big Stocks Moving Higher On Friday

U.S. stocks traded higher, with the Nasdaq Composite gaining 100 points on Friday. Here are some big stocks recording gains in today’s session.

  • Lifezone Metals Limited LZM surged 27.4% to $15.29. Lifezone Metals recently reported H1 loss of $16.77 per share.
  • Cheche Group Inc. CCG climbed 21.1% to $17.99 amid continued volatility following the company's business combination with Prime Impact Acquisition I on Monday. The company today also said it has a successful, ongoing collaboration with Li Auto.
  • Anterix Inc. ATEX rose 11.6% to $33.13. Anterix announced authorization of a new $250 million share repurchase program over three-year period.
  • Canopy Growth Corporation CGC climbed 11.4% to $0.8549. The company on Wednesday filed for an offering of up to 45.9 million shares of common stock by the selling securityholders.
  • Amprius Technologies, Inc. AMPX gained 9.8% to $4.35.
  • Kingsoft Cloud Holdings Limited KC jumped 9.7% to $4.8857.
  • indie Semiconductor, Inc. INDI gained 9.1% to $6.78.
  • UP Fintech Holding Limited TIGR rose 8.8% to $5.21.
  • Alector, Inc. ALEC gained 8.7% to $6.56. Cantor Fitzgerald initiated coverage on Alector with an Overweight rating and announced a price target of $13.
  • Beneficient BENF jumped 8.3% to $2.73.
  • Standard Lithium Ltd. SLI gained 7.7% to $3.0696 after reporting 2023 full year and fourth-quarter results.
  • Alibaba Group Holding Limited BABA gained 5.3% to $88.53 amid reports of the company's Cainiao Network Technology logistics unit preparing for its Hong Kong stock exchange debut amassing a minimum of $1 billion via share sale.
  • Applied Digital Corporation APLD climbed 5% to $5.45.

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