U.S. stocks traded higher, with the Dow Jones gaining over 400 points on Friday. Here are some big stocks recording gains in today’s session.
- U Power Limited UCAR shares gained 65.4% to $12.55. U Power shares jumped 144% on Thursday after the company announced it entered into a framework strategic cooperation agreement with Quantum Solutions Co in Japan.
- Samsara Inc. IOT rose 30.3% to $24.77 after the company reported better-than-expected first-quarter results and raised its FY24 outlook.
- MongoDB, Inc. MDB shares climbed 29.8% to $381.69 after the company reported upbeat results for its first quarter and issued strong projections.
- The Chemours Company CC gained 24.5% to $33.76 after the company announced it agreed to sell its Glycolic Acid business to PureTech Scientific for $137 million.
- Quanex Building Products Corporation NX jumped 19.4% to $25.17 following upbeat quarterly earnings.
- iHeartMedia, Inc. IHRT gained 18.4% to $2.9485.
- DISH Network Corporation DISH rose 17.3% to $7.36 following a Bloomberg report suggesting Amazon is in talks with Verizon, Dish and T-Mobile to offer a free or low-cost mobile service to U.S. Prime members.
- Diversified Healthcare Trust DHC jumped 14.6% to $1.6733. Diversified Healthcare Trust Director Adam D Portnoy acquired a total 3,154,641 shares an average price of $1.38.
- PacWest Bancorp PACW gained 13.5% to $7.63.
- 3D Systems Corporation DDD rose 12.7% to $9.40. 3D Systems confirmed its submission of a proposal to combine with Stratasys.
- Lululemon Athletica Inc. LULU climbed 12% to $367.76 as the company reported better-than-expected earnings and sales results for its first quarter. For the full fiscal year, Lululemon sees revenue coming in a range of $9.44 billion to $9.51 billion, which would be up 17% year-over-year at the mid-point. Full-year earnings per share are expected to be in a range of $11.74 to $11.94.
- Empire State Realty OP, L.P. ESBA rose 11.3% to $6.10.
- Kodiak Sciences Inc. KOD climbed 10.6% to $7.02.
- Trinseo PLC TSE gained 10.5% to $14.15.
- Jiayin Group Inc. JFIN rose 10.3% to $6.95.
- Stratasys Ltd. SSYS gained 10.2% to $16.05 after the company received an unsolicited non-binding indicative proposal from 3D Systems Corporation.
- Dingdong (Cayman) Limited DDL rose 10% to $2.5415.
- Chico's FAS, Inc. CHS climbed 9.4% to $4.9350.
- Zai Lab Limited ZLAB gained 9.3% to $36.06.
- Zscaler, Inc. ZS climbed 9% to $147.29 following upbeat quarterly results.
- Macy's, Inc. M gained 8.1% to $14.87. Macy's reported a first-quarter FY23 sales decline of 7% year-on-year to $4.98 billion.
- Piedmont Lithium Inc. PLL jumped 7.8% to $61.56.
- Cosan S.A. CSAN gained 7.6% to $13.17. Goldman Sachs maintained Cosan with a Neutral and raised the price target from $14.8 to $17.5.
- ADT Inc. ADT jumped 6.7% to $6.03.
Read More: Dow Jumps Over 400 Points; US Economy Adds 339,000 Jobs In May
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