Alibaba, Standard Lithium, Anterix And Other Big Stocks Moving Higher On Friday

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U.S. stocks traded higher, with the Nasdaq Composite gaining 100 points on Friday. Here are some big stocks recording gains in today’s session.

  • Lifezone Metals Limited LZM surged 27.4% to $15.29. Lifezone Metals recently reported H1 loss of $16.77 per share.
  • Cheche Group Inc. CCG climbed 21.1% to $17.99 amid continued volatility following the company's business combination with Prime Impact Acquisition I on Monday. The company today also said it has a successful, ongoing collaboration with Li Auto.
  • Anterix Inc. ATEX rose 11.6% to $33.13. Anterix announced authorization of a new $250 million share repurchase program over three-year period.
  • Canopy Growth Corporation CGC climbed 11.4% to $0.8549. The company on Wednesday filed for an offering of up to 45.9 million shares of common stock by the selling securityholders.
  • Amprius Technologies, Inc. AMPX gained 9.8% to $4.35.
  • Kingsoft Cloud Holdings Limited KC jumped 9.7% to $4.8857.
  • indie Semiconductor, Inc. INDI gained 9.1% to $6.78.
  • UP Fintech Holding Limited TIGR rose 8.8% to $5.21.
  • Alector, Inc. ALEC gained 8.7% to $6.56. Cantor Fitzgerald initiated coverage on Alector with an Overweight rating and announced a price target of $13.
  • Beneficient BENF jumped 8.3% to $2.73.
  • Standard Lithium Ltd. SLI gained 7.7% to $3.0696 after reporting 2023 full year and fourth-quarter results.
  • Alibaba Group Holding Limited BABA gained 5.3% to $88.53 amid reports of the company's Cainiao Network Technology logistics unit preparing for its Hong Kong stock exchange debut amassing a minimum of $1 billion via share sale.
  • Applied Digital Corporation APLD climbed 5% to $5.45.

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