Arista Networks, JinkoSolar, Repligen, Shutterstock And Other Big Stocks Moving Higher On Tuesday

U.S. stocks traded lower, with the Dow Jones falling more than 50 points on Tuesday. Here are some major stocks recording gains in today’s session.

• Verve Therapeutics, Inc. VERV gained 27% to $11.95. Eli Lilly said it will acquire rights under Beam Therapeutics’ amended collaboration and license agreement with Verve, including rights to co-develop and co-commercialize Verve's base editing programs for cardiovascular disease.
• Wolfspeed, Inc. WOLF gained 22.7% to $34.02 after the company reported first-quarter earnings.
• Repligen Corporation RGEN shares surged 20.5% to $137.65 following better-than-expected results.
• Shutterstock, Inc. SSTK rose 18.6% to $40.71 after the company posted upbeat third-quarter results and raised FY23 outlook.
• Harmony Biosciences Holdings, Inc. HRMY gained 17.7% to $23.21 following third-quarter results.
• Pinterest, Inc. PINS shares gained 16.9% to $29.34 after the company reported better-than-expected third-quarter financial results and issued guidance.
• Two Harbors Investment Corp. TWO surged 16.8% to $11.74 following quarterly results.
• Insperity, Inc. NSP rose 14.3% to $110.31 following upbeat results.
• Perficient, Inc. PRFT climbed 13.6% to $58.51 following strong quarterly sales.
• Granite Construction Incorporated GVA rose 13.4% to $38.92 following strong quarterly results.
• AMMO, Inc. POWW gained 13.3% to $2.98. AMMO is expected to release financial results for its fiscal second quarter 2024 on Nov. 9, 2023.
• The Vita Coco Company, Inc. COCO surged 12.7% to $26.34 following upbeat earnings.
• Beam Therapeutics Inc. BEAM gained 12.5% to $21.50 after Eli Lilly agreed to acquire certain rights under Beam's agreement with Verve Therapeutics.
• Pulmonx Corporation LUNG rose 12.2% to $8.85 as the company posted third-quarter results and raised 2023 revenue outlook.
• Ardelyx, Inc. ARDX jumped 12.1% to $4.0590 following strong quarterly results.
• Harmonic Inc. HLIT rose 12% to $10.90 following third-quarter results.
• Otter Tail Corporation OTTR gained 11.3% to $77.63 after the company posted third-quarter results and raised 2023 EPS guidance.
• Arista Networks, Inc. ANET climbed 10.8% to $194.69 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter revenue guidance above estimates.
• JinkoSolar Holding Co., Ltd. JKS rose 10.3% to $32.58 after the company reported better-than-expected quarterly results. Also, the company disclosed its N-Type Monocrystaline Silicon Solar Cell set a new record.
• Phreesia, Inc. PHR gained 9% to $13.51.
• Cameco Corporation CCJ climbed 8.5% to $41.09 following quarterly results.
• Ryerson Holding Corporation RYI gained 8.2% to $29.76 following third-quarter results.
• Tourmaline Bio, Inc. TRML surged 8.1% to $16.05. Guggenheim initiated coverage on Tourmaline Bio with a Buy rating and announced a price target of $50.
• Erasca, Inc. ERAS gained 7.5% to $2.3750.
• Leidos Holdings, Inc. LDOS climbed 7.1% to $98.29 following strong quarterly results.
• TopBuild Corp. BLD gained 5.2% to $230.90 following quarterly results.
• HomeStreet, Inc. HMST rose 3.1% to $4.71 following better-than-expected third-quarter earnings.

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