Quest Diagnostics Posts Upbeat Results, Joins GM, Philip Morris And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were lower, with the Dow Jones index falling around 50 points on Tuesday.

Shares of Quest Diagnostics Incorporated DGX rose sharply during Tuesday's session after the company reported better-than-expected third-quarter financial results and issued FY24 revenue guidance above estimates.

Quest Diagnostics posted third-quarter adjusted earnings per share of $2.30, beating the consensus of $2.26. Sales increased 8.5% year-over-year to $2.49 billion, beating the consensus of $2.42 billion

Quest Diagnostics shares jumped 7.1% to $157.87 on Tuesday.

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

iRhythm Technologies, Inc. IRTC shares gained 19.5% to $74.20 after the company announced that it was granted FDA clearance for its 510(k) submission related to prior design changes made to the Zio AT device.
IGM Biosciences, Inc. IGMS surged 16.6% to $18.28.
Mueller Industries, Inc. MLI climbed 16% to $83.59 after the company reported better-than-expected third-quarter sales results.
Top Wealth Group Holding Limited TWG rose 14.6% to $8.89. Top Wealth Group Holding announced closing of $10.8 million public offering of ordinary shares.
Dogness (International) Corporation DOGZ gained 13.5% to $55.50.
Herc Holdings Inc. HRI gained 12.3% to $189.93 after the company reported better-than-expected third-quarter revenue results and raised its FY24 equipment rental revenue growth outlook.
Rumble Inc. RUM rose 11.3% to $6.24.
SunCar Technology Group Inc. SDA rose 10.8% to $10.17.
General Motors Company GM gained 9.1% to $53.40 after the company reported its third-quarter results.
Philip Morris International Inc. PM rose 8.1% to $128.57 after the company reported better-than-expected third-quarter adjusted EPS and sales.
Grindr Inc. GRND gained 8.1% to $13.75.
Zions Bancorporation, National Association ZION gained 6.3% to $52.53 after the company reported better-than-expected third-quarter financial results.