JPMorgan, Citigroup, QuidelOrtho And Other Big Stocks Moving Higher On Friday

U.S. stocks traded lower, with the Dow Jones dropping over 150 points on Friday. Here are some big stocks recording gains in today’s session.

• Peakstone Realty Trust PKST surged 65.5% to $19.29. Peakstone Realty Trust announced listing of common shares on the New York Stock Exchange.
• BigBear.ai Holdings, Inc. BBAI gained 20% to $3.3498. BigBear.ai recently filed for a mixed shelf offering.
• Abcam plc ABCM jumped 14.1% to $15.41.
• SoundHound AI, Inc. SOUN rose 12.7% to $3.0243.
• Nurix Therapeutics, Inc. NRIX gained 12.3% to $11.38 following better-than-expected Q1 results.
• Cipher Mining Inc. CIFR rose 12.2% to $2.9750.
• Empire State Realty OP, L.P. ESBA surged 10.3% to $6.36.
• NextDecade Corporation NEXT gained 10% to $5.70.
• QuidelOrtho Corporation QDEL jumped 9.6% to $98.32. QuidelOrtho Corporation said it expects total revenues in Q1 FY23 to be $840 million-$850 million, compared to the consensus of $746.75 million, driven by the Labs business unit.
• Hello Group Inc. MOMO gained 8.5% to $9.04. JP Morgan upgraded Hello Group from Neutral to Overweight and raised the price target from $5 to $13.
• SIGNA Sports United N.V. SSU jumped 7.7% to $3.7698.
• Standard Lithium Ltd. SLI rose 7.2% to $4.34.
• JPMorgan Chase & Co. JPM climbed 7.2% to $138.30 as the company reported Q1 net revenue (managed) of $39.3 billion, up 25% Y/Y, beating the consensus of $36.2 billion.
• Citigroup Inc. C gained 3% to $48.69 after the company reported strong Q1 results, including an increase in net interest income.

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