Tesla, Adobe, Mission Produce And Other Big Stocks Moving Higher On Friday


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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

  • Braze, Inc. (NASDAQ:BRZE) shares climbed 20.4% to $ 40.82 after the company posted upbeat first-quarter results and issued strong forecast.
  • Disc Medicine Opco Inc (NASDAQ:IRON) surged 17.2% to $46.26 after the company announced data from its ongoing Phase 2 open-label BEACON trial evaluating bitopertin in patients with erythropoietic protoporphyria and X-linked protoporphyria at the EHA 2023 Congress.
  • Interactive Strength Inc. (NASDAQ:TRNR) gained 16.9% to $5.16. Interactive Strength posted a narrower quarterly loss.
  • Kingsoft Cloud Holdings Limited (NASDAQ:KC) jumped 16.4% to $5.57. Kingsoft Cloud announced share purchase by Vice Chairman and Chief Executive Officer.
  • Peloton Interactive, Inc. (NASDAQ:PTON) gained 14.3% to $9.39.
  • Trupanion, Inc. (NASDAQ:TRUP) rose 12.5% to $26.23.
  • Joby Aviation, Inc. (NYSE:JOBY) surged 11.8% to $7.00 after Canaccord Genuity initiated coverage on the stock with a Buy rating and an $8 price target.
  • Archer Aviation Inc. (NYSE:ACHR) gained 11.4% to $3.4092 after Canaccord Genuity initiated coverage on the stock with a Buy rating and announced a $9 price target.
  • Peloton Interactive, Inc. (NASDAQ:PTON) climbed 10.8% to $9.11.
  • Farfetch Limited (NYSE:FTCH) rose 9.7% to $6.01.
  • Inter & Co, Inc. (NASDAQ:INTR) climbed 9.2% to $3.44.
  • Mission Produce, Inc. (NASDAQ:AVO) gained 9% to $13.65 after the company reported better-than-expected second-quarter financial results.
  • Erasca, Inc. (NASDAQ:ERAS) rose 8.8% to $2.96. Erasca Chairman and CEO Jonathan Lim acquired a total of 100,000 shares at an average price of $2.75.
  • ImmunoGen, Inc. (NASDAQ:IMGN) gained 8.5% to $17.09 after the company presented updated data from an interim analysis of the Phase 2 CADENZA trial of pivekimab in patients with frontline and relapsed/refractory blastic plasmacytoid dendritic cell neoplasm.
  • Amprius Technologies, Inc. (NYSE:AMPX) rose 8.9% to $10.00.
  • Target Hospitality Corp. (NASDAQ:TH) gained 8% to $16.47. Target Hospitality recently reported a year-over-year increase in first-quarter EPS results and better-than-expected sales results.
  • Gaotu Techedu Inc. (NYSE:GOTU) gained 7.4% to $3.1803.
  • Nikola Corporation (NASDAQ:NKLA) climbed 7% to $0.6518 on continued momentum after the company announced that it would adjourn and reconvene its annual meeting of stockholders on July 6, 2023.
  • Tesla, Inc. (NASDAQ:TSLA) rose 5.6% to $248.07 after Wedbush added the stock to its best ideas list and raised its price target from $215 to $300.
  • Adobe Inc. (NASDAQ:ADBE) gained 4.8% to $460.03 after Wells Fargo upgraded the stock from Equal-Weight to Overweight and raised its price target from $420 to $525.

 

Read More: Bitcoin Records Gains; Pepe Emerges As Top Gainer


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsPenny StocksSmall CapIntraday UpdateMarketsMoversTrading Ideasbig gainersTop Gainers