Steelcase, Western Digital, Bausch Health And Other Big Stocks Moving Higher On Wednesday

U.S. stocks traded mostly higher on Wednesday. Here are some big stocks recording gains in today’s session.

• Steelcase Inc. SCS shares surged 27.3% to $11.22. Steelcase reported better-than-expected results for its second quarter.
• Cambridge Bancorp CATC gained 23.9% to $60.22 after the company announced it entered into a definitive agreement to merge with Eastern Bankshares.
• eHealth, Inc. EHTH rose 20.1% to $8.07. eHealth Form 4 filing showed Director Dale B Wolf bought 15,000 shares at an average price of $7.05.
• Azul S.A. AZUL climbed 12.8% to $9.33. Goldman Sachs upgraded Azul from Neutral to Buy and raised the price target from $14.9 to $18.3.
• The Hain Celestial Group, Inc. HAIN surged 9% to $10.60.
• Harmony Gold Mining Company Limited HMY gained 8.6% to $4.5525.
• Gol Linhas Aéreas Inteligentes S.A. GOL rose 8.3% to $2.9350 as the company disclosed preliminary traffic figures for August.
• GrafTech International Ltd. EAF gained 8.2% to $3.7650.
• Bausch Health Companies Inc. BHC jumped 8% to $8.34 after Jefferies upgraded the stock from Hold to Buy and raised its price target from $9 to $16.
• IHS Holding Limited IHS gained 8% to $4.9905.
• Hudson Pacific Properties, Inc. HPP gained 7.3% to $7.24. BMO Capital upgraded Hudson Pacific Properties from Market Perform to Outperform and raised the price target from $7 to $10.
• Build-A-Bear Workshop, Inc. BBW rose 7% to $29.27. DA Davidson initiated coverage on Build-A-Bear with a Buy rating and announced a price target of $42.
• The Beauty Health Company SKIN gained 6.8% to $6.46. BeautyHealth announced plans to initiate stock repurchase program, following recent $100 million share repurchase authorization.
• Western Digital Corporation WDC fell 6.4% to $46.71 after Exane BNP Paribas upgraded the stock from Neutral to Outperform and announced a $58 price target.
• VNET Group, Inc. VNET rose 6.3% to $3.2650.
• Textron Inc. TXT gained 5.1% to $79.47. Textron Aviation and NetJets® announced a record-breaking fleet agreement for the option for NetJets to purchase up to 1,500 additional Cessna Citation business jets over the next 15 years.

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