3M, General Electric And Some Other Big Stocks Moving Higher On Tuesday

3M, General Electric And Some Other Big Stocks Moving Higher On Tuesday
  • Pagaya Technologies Ltd. PGY gained 30.7% to $12.52. The stock has seen continued volatility after the company completed its SPAC merger agreement last month.
  • Covenant Logistics Group, Inc. CVLG climbed 15.8% to $33.84 following better-than-expected Q2 results.
  • Calix Inc CALX shares gained 13.5% to $50.29 after the company announced upbeat Q2 results and issued strong Q3 sales forecast.
  • Encore Wire Corporation WIRE shares gained 12.7% to $124.85 after the company reported Q2 results.
  • Shell Midstream Partners, L.P. SHLX rose 10.2% to $16.03 after the company, and Shell USA, announced the two have reached a definitive merger agreement.
  • Liberty Energy Inc. LBRT gained 7.6% to $13.82 after reporting Q2 results. Liberty Energy said its Board Of Directors authorized a $250 million share repurchase program.
  • 3M Company MMM gained 6.9% to $143.40 after the company reported better-than-expected Q2 EPS and sales results.
  • General Electric Company GE jumped 6% to $72.46 after the company reported better-than-expected Q2 EPS and sales results.
  • WSFS Financial Corporation WSFS gained 5.5% to $45.16 following upbeat Q2 results.
  • Hubbell Incorporated HUBB rose 4.4% to $204.14 after the company reported better-than-expected Q2 EPS and sales results and issued FY22 adjusted EPS guidance above estimates.
  • Graphic Packaging Holding Company GPK surged 4.2% to $22.55 following Q2 results.
  • Dycom Industries, Inc. DY gained 4% to $97.98.
  • Xerox Holdings Corporation XRX rose 3.8% to $16.17 following upbeat Q2 earnings.
  • Newmont Corporation NEM gained 3.7% to $46.23. RBC Capital maintained Newmont with a Sector Perform and lowered the price target from $77 to $60.

 

Posted In: Mid-Day GainersTop GainersNewsSmall CapIntraday UpdateMarketsMoversTrading Ideas