UnitedHealth, Elanco Animal Health And Other Big Stocks Moving Higher On Friday

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

• Chijet Motor Company, Inc. CJET shares surged 21.1% to $3.7738. Chijet Motor Company's majority-owned subsidiary achieved a breakthrough in export model.
• Canoo Inc. GOEV rose 21.1% to $0.6728.
• TMC the metals company Inc. TMC shares gained 16.7% to $2.1250.
• ACADIA Pharmaceuticals Inc. ACAD shares rose 15.6% to $29.83. Acadia Pharmaceuticals acquired ex-North American rights to trofinetide and global rights to Neuren's NNZ-2591 in Rett syndrome and Fragile X syndrome.
• Aehr Test Systems AEHR climbed 14.4% to $47.80 as the company reported better-than-expected results for its fourth quarter. The company said it sees FY24 revenue to be at least $100 million and GAAP net income of at least $28 million.
• Nikola Corporation NKLA shares gained 13.1% to $2.5115 after gaining over 60% on Thursday. The company and BayoTech announced an agreement to advance reliable hydrogen supply for zero-emission commercial fuel cell electric vehicle fleets.
• Organogenesis Holdings Inc. ORGO rose 12.2% to $4.12. Organogenesis Holdings is expected to report second-quarter financial results on Aug. 9.
• Arcturus Therapeutics Holdings Inc. ARCT jumped 12% to $34.52. Cantor Fitzgerald reiterated Arcturus Therapeutics with an Overweight and maintained a $54 price target.
• Elanco Animal Health Incorporated ELAN rose 10.4% to $11.70 after the company announced the EPA completed its review of the Seresto collar and confirmed continued registration of the collar.
• Shengfeng Development Limited SFWL surged 10.2% to $6.35.
• Intuitive Machines, Inc. LUNR shares gained 9.5% to $9.35. Intuitive Machines is closing in on delivering its Nova-C lunar lander to Florida for launch. The company said on Thursday that it has successfully conducted a complete spacecraft test run of the lander.
• Glaukos Corporation GKOS rose 7.4% to $76.96. Wells Fargo maintained Glaukos with an Equal-Weight and raised the price target from $63 to $75.
• UnitedHealth Group Incorporated UNH gained 6.6% to $477.35 after the company reported better-than-expected second-quarter earnings.

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