H&E Equipment Services, ACM Research, Robinhood And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were higher, with the Dow Jones index gaining over 100 points on Tuesday.

Shares of H&E Equipment Services, Inc. HEES rose sharply during Monday's session after the company inked a deal to be acquired by United Rentals, Inc. URI for around $4.8 billion, including $1.4 billion in net debt.

The acquisition price of $92 per share in cash represents a premium of around 109% over H&E’s trading price as of January 13, 2025.

H&E Equipment shares jumped 106% to $90.52 on Tuesday.

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

Rigetti Computing, Inc. RGTI shares jumped 29.3% to $7.82.
D-Wave Quantum Inc. QBTS gained 21.6% to $4.65. Benchmark analyst David Williams reiterated D-Wave Quantum with a Buy and maintained a price target of $8.
Applied Digital Corporation APLD shares climbed 18% to $9.17. The company entered into a $5 billion perpetual preferred equity financing facility with Macquarie Asset Management (MAM).
Quantum Computing Inc. QUBT rose 16.5% to $7.59.
KULR Technology Group, Inc. KULR shares surged 14% to $2.52.
ACM Research, Inc. ACMR gained 13% to $17.51 after the company raised its 2024 revenue outlook.
ORIC Pharmaceuticals, Inc. ORIC rose 11.7% to $9.61.
TeraWulf Inc. WULF gained 9% to $5.66. Shares of crypto-related companies traded higher following softer-than-expected December inflation data.
XPeng Inc. XPEV gained 9% to $12.85. Shares of Chinese stocks traded higher. China’s central bank reportedly indicated it would take measures to support economic growth.
Vistra Corp. VST rose 6.7% to $173.01.
Robinhood Markets, Inc. HOOD surged 6.1% to $42.02 after the company announced a $45 million settlement with the SEC.
Herc Holdings Inc. HRI gained 6.1% to $194.68.
KB Home KBH shares rose 5.9% to $67.84 after Evercore ISI Group raised its price target from $88 to $95.