U.S. stocks traded mixed, with the Dow Jones gaining around 50 points on Wednesday. Here are some big stocks recording gains in today’s session.
- Silicon Motion Technology Corporation SIMO shares surged 78.9% to $93.40 following a report suggesting China approval of the company's Maxlinear merger.
- Vicor Corporation VICR shares gained 48.3% to $88.12 after the company posted better-than-expected second-quarter results.
- PacWest Bancorp PACW shares rose 25.6% to $9.66 after the company announced a merger with Banc of California. PacWest Bancorp also reported upbeat quarterly earnings.
- Teladoc Health, Inc. TDOC gained 25.7% to $28.65 following better-than-expected quarterly results.
- XPeng Inc. XPEV jumped 25% to $19.20 after the company and Volkswagen signed a framework agreement for technical collaboration. Volkswagen will acquire 4.99% of Xpeng's outstanding share capital for $700 million.
- PROG Holdings, Inc. PRG climbed 18.8% to $43.11 after the company reported better than expected second-quarter earnings and revised guidance.
- Flushing Financial Corporation FFIC shares rose 18.7% to $16.39. Shares of bank stocks traded higher after Banc of California and PacWest announced a merger agreement.
- WW International, Inc. WW surged 18.2% to $11.73 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $5 to $13.
- Tilray Brands, Inc. TLRY shares gained 16.6% to $1.96 following upbeat quarterly sales.
- Premier Financial Corp. PFC jumped 14.2% to $21.75. Shares of bank stocks traded higher after Banc of California and PacWest announced a merger agreement.
- Live Oak Bancshares, Inc. LOB climbed 12.6% to $34.90 following strong quarterly results.
- Invitae Corporation NVTA gained 11.8% to $1.42.
- NIO Inc. NIO gained 10.9% to $13.21.
- RPM International Inc. RPM gained 10.2% to $103.09 after the company reported strong fourth-quarter results.
- Western Alliance Bancorporation WAL gained 10.2% to $51.98.
- Union Pacific Corporation UNP rose 10% to $237.18 after the company reported second-quarter results and named Jim Vena as the new CEO.
- Oddity Tech Ltd. ODD gained 9.8% to $53.04.
- Hanesbrands Inc. HBI surged 9.5% to $5.29.
- LivaNova PLC LIVN gained 9.5% to $58.71 following strong second-quarter results.
- USANA Health Sciences, Inc. USNA rose 8.8% to $69.00 following upbeat quarterly earnings.
- Tenable Holdings, Inc. TENB climbed 8.7% to $47.57 after the company reported better-than-expected third-quarter earnings and issued strong guidance.
- Lithia Motors, Inc. LAD shares surged 8.7% to $317.89 following strong quarterly results.
- Apellis Pharmaceuticals, Inc. APLS jumped 8.4% to $32.76.
- TPI Composites, Inc. TPIC rose 7.7% to $10.76.
- Tower Semiconductor Ltd. TSEM surged 7.4% to $37.34 after the Intel Corp acquisition target reported mixed second-quarter results.
- The Gap, Inc. GPS gained 7.3% to $9.88 after the company appointed Richard Dickson as President and CEO.
- The Boeing Company BA climbed 7% to $229.18 after the company reported better-than-expected second-quarter results.
- KeyCorp KEY gained 6.7% to $12.40.
- Ryder System, Inc. R rose 6.7% to $97.92 following strong earnings.
- Automatic Data Processing, Inc. ADP gained 6.3% to $255.66. ADP posted better-than-expected fourth-quarter results.
- Alphabet Inc. GOOGL shares gained 6.2% to $129.76 after the company reported better-than-expected second-quarter results.
- Chubb Limited CB gained 5.5% to $206.24 after the company reported better-than-expected second-quarter results.
- Owens Corning OC rose 5% to $137.27. Owens Corning second-quarter FY23 net sales inched down by 1.5% year-over-year to $2.56 billion, beating the consensus of $2.54 billion.
APLSApellis Pharmaceuticals Inc
$35.424.39%
BABoeing Co
$156.650.78%
CBChubb Ltd
$289.910.41%
FFICFlushing Financial Corp
$17.870.73%
GOOGLAlphabet Inc
$171.351.42%
HBIHanesbrands Inc
$8.791.05%
KEYKeyCorp
$19.16-1.64%
LADLithia Motors Inc
$387.300.10%
LIVNLivaNova PLC
$52.29-0.40%
LOBLive Oak Bancshares Inc
$47.07-0.63%
NIONIO Inc
$4.42-1.34%
OCOwens-Corning Inc
$203.36-1.10%
ODDODDITY Tech Ltd
$44.85-3.47%
PFCPremier Financial Corp
$27.66-0.18%
PRGPROG Holdings Inc
$48.41-0.51%
RRyder System Inc
$170.030.70%
RPMRPM International Inc
$139.650.63%
SIMOSilicon Motion Technology Corp
$53.951.66%
TDOCTeladoc Health Inc
$11.47-4.25%
TENBTenable Holdings Inc
$42.060.19%
TLRYTilray Brands Inc
$1.33-0.75%
TPICTPI Composites Inc
$1.98-2.94%
TSEMTower Semiconductor Ltd
$47.871.57%
UNPUnion Pacific Corp
$240.78-1.59%
USNAUsana Health Sciences Inc
$40.023.87%
VICRVicor Corp
$58.299.55%
WALWestern Alliance Bancorp
$93.41-0.21%
WWWW International Inc
$1.30-2.99%
XPEVXPeng Inc
$12.765.89%
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