Zscaler, MongoDB, Chemours And Other Big Stocks Moving Higher On Friday


U.S. stocks traded higher, with the Dow Jones gaining over 400 points on Friday. Here are some big stocks recording gains in today’s session.

  • U Power Limited UCAR shares gained 65.4% to $12.55. U Power shares jumped 144% on Thursday after the company announced it entered into a framework strategic cooperation agreement with Quantum Solutions Co in Japan.
  • Samsara Inc. IOT rose 30.3% to $24.77 after the company reported better-than-expected first-quarter results and raised its FY24 outlook.
  • MongoDB, Inc. MDB shares climbed 29.8% to $381.69 after the company reported upbeat results for its first quarter and issued strong projections.
  • The Chemours Company CC gained 24.5% to $33.76 after the company announced it agreed to sell its Glycolic Acid business to PureTech Scientific for $137 million.
  • Quanex Building Products Corporation NX jumped 19.4% to $25.17 following upbeat quarterly earnings.
  • iHeartMedia, Inc. IHRT gained 18.4% to $2.9485.
  • DISH Network Corporation DISH rose 17.3% to $7.36 following a Bloomberg report suggesting Amazon is in talks with Verizon, Dish and T-Mobile to offer a free or low-cost mobile service to U.S. Prime members.
  • Diversified Healthcare Trust DHC jumped 14.6% to $1.6733. Diversified Healthcare Trust Director Adam D Portnoy acquired a total 3,154,641 shares an average price of $1.38.
  • PacWest Bancorp PACW gained 13.5% to $7.63.
  • 3D Systems Corporation DDD rose 12.7% to $9.40. 3D Systems confirmed its submission of a proposal to combine with Stratasys.
  • Lululemon Athletica Inc. LULU climbed 12% to $367.76 as the company reported better-than-expected earnings and sales results for its first quarter. For the full fiscal year, Lululemon sees revenue coming in a range of $9.44 billion to $9.51 billion, which would be up 17% year-over-year at the mid-point. Full-year earnings per share are expected to be in a range of $11.74 to $11.94.
  • Empire State Realty OP, L.P. ESBA rose 11.3% to $6.10.
  • Kodiak Sciences Inc. KOD climbed 10.6% to $7.02.
  • Trinseo PLC TSE gained 10.5% to $14.15.
  • Jiayin Group Inc. JFIN rose 10.3% to $6.95.
  • Stratasys Ltd. SSYS gained 10.2% to $16.05 after the company received an unsolicited non-binding indicative proposal from 3D Systems Corporation.
  • Dingdong (Cayman) Limited DDL rose 10% to $2.5415.
  • Chico's FAS, Inc. CHS climbed 9.4% to $4.9350.
  • Zai Lab Limited ZLAB gained 9.3% to $36.06.
  • Zscaler, Inc. ZS climbed 9% to $147.29 following upbeat quarterly results.
  • Macy's, Inc. M gained 8.1% to $14.87. Macy's reported a first-quarter FY23 sales decline of 7% year-on-year to $4.98 billion.
  • Piedmont Lithium Inc. PLL jumped 7.8% to $61.56.
  • Cosan S.A. CSAN gained 7.6% to $13.17. Goldman Sachs maintained Cosan with a Neutral and raised the price target from $14.8 to $17.5.
  • ADT Inc. ADT jumped 6.7% to $6.03.


Read More: Dow Jumps Over 400 Points; US Economy Adds 339,000 Jobs In May

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