Shoals Technologies, Affirm Holdings, Apple And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were lower, with the Dow Jones index falling over 250 points on Tuesday.

Shares of Shoals Technologies Group, Inc. SHLS rose sharply during Monday's session after the company authorized a share repurchase program of up to $150 million and entered into a $25 million accelerated share repurchase agreement with Jefferies.

Shoals Technologies Group shares climbed 10% to $7.49 on Tuesday.

Here are some other big stocks recording gains in today’s session.

• Calavo Growers, Inc. CVGW shares jumped 14.1% to $28.50 after the company reported second-quarter financial results.
• Olaplex Holdings, Inc. OLPX jumped 8.9% to $1.8350.
• Corbus Pharmaceuticals Holdings, Inc. CRBP gained 8.8% to $47.74. RBC Capital analyst Brian Abrahams maintained Corbus Pharmaceuticals with an Outperform and raised the price target from $77 to $82.
• Pharming Group N.V. PHAR jumped 7.3% to $8.81.
• Perion Network Ltd. PERI rose 7% to $9.21. Perion Network shares tumbled around 30% on Monday after the company cut its revenue outlook.
• AST SpaceMobile, Inc. ASTS jumped 6.4% to $9.02. AST SpaceMobile filed for resale of up to 10.45 million class A common shares by selling stockholder.
Latam Logistic Properties, S.A. LPA gained 6.4% to $18.88.
• Farmers & Merchants Bancorp, Inc. FMAO rose 5.7% to $23.99.
• Affirm Holdings, Inc. AFRM gained 5.4% to $32.08 after Apple announced Affirm’s payment products are expected to be available to Apple Pay users in the US later this year.
• V.F. Corporation VFC gained 4.6% to $13.76. V.F. President and CEO Bracken Darrell bought a total of 75,200 shares at an average price of $13.26.
• Apple Inc. AAPL rose 3.4% to $199.70. Apple revealed its plans to integrate Alphabet Inc.’s GOOG GOOGL Google Gemini AI model into its Apple Intelligence feature set. Apple also announced Affirm's payment products are expected to be available to Apple Pay users in the U.S. later this year.

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