U.S. stocks were lower, with the Dow Jones index falling around 200 points on Friday.
Shares of Wave Life Sciences Ltd. WVE rose sharply during Tuesday's session after the company announced interim data from its ongoing Phase 2 FORWARD-53 study of WVE-N531 for Duchenne muscular dystrophy.
Wave Life Sciences shares surged 37.9% to $7.36 on Tuesday.
Here are some other big stocks recording gains in today's session.
- Liberty Broadband Corporation LBRDA gained 23.8% to $74.06 after the company announced that it submitted a counterproposal to charter for the proposed business combination.
- Kanzhun Limited BZ gained 15% to $14.64. Shares of US-listed Chinese companies traded higher after China Central Bank announced a new stimulus package.
- Bilibili Inc. BILI surged 12.7% to $17.94.
- Tencent Music Entertainment Group TME gained 12.2% to $11.43. Shares of US-listed Chinese companies traded higher after China Central Bank announced a new stimulus package.
- Dada Nexus Limited DADA shares jumped 11.9% to $1.41. Shares of US-listed Chinese companies traded higher after China Central Bank announced a new stimulus package.
- Ramaco Resources, Inc. METC surged 10% to $11.15.
- Ivanhoe Electric Inc. IE gained 10.7% to $8.21.
- iQIYI, Inc. IQ jumped 10% to $2.35.
- JD.com, Inc. JD gained 9.2% to $32.49.
- NIO Inc. NIO gained 8.6% to $5.78. Shares of US-listed Chinese companies traded higher after China Central Bank announced a new stimulus package.
- SBC Medical Group Holdings Incorporated SBC rose 8.2% to $6.22. Shares of US-listed Chinese companies traded higher after China Central Bank announced a new stimulus package.
- Alcoa Corporation AA gained 7.5% to $36.80.
- Li Auto Inc. LI climbed 7.5% to $23.86. Shares of US-listed Chinese companies traded higher after China Central Bank announced a new stimulus package.
- GDS Holdings Limited GDS gained 7% to $21.94.
- Las Vegas Sands Corp. LVS shares rose 5.7% to $44.53.
- Tesla, Inc. TSLA shares gained 2.5% to $256.20. The catalyst that is potentially offering support on Tuesday is data out of China that showed that insured registered for Tesla vehicles remained healthy for the recent reporting week.
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