PDD Posts Upbeat Revenue, Joins Avidity Biosciences, SpringWorks Therapeutics And Other Big Stocks Moving Higher On Tuesday - Carlyle Group (NASDAQ:CG), Clearway Energy (NYSE:CWEN)

U.S. stocks traded mixed, with the Dow Jones gaining around 10 points on Tuesday.

Shares of PDD Holdings Inc. (NASDAQ:PDD) jumped in Tuesday’s session following third-quarter results.
PDD reported third-quarter FY23 revenue growth of 94% year-on-year to $9.44 billion, beating the consensus of $7.69 billion.The Chinese online retailer's adjusted earnings per ADS of RMB11.61 ($1.55), compared with RMB8.62 Y/Y, beating the consensus of $1.23.

PDD Holdings shares jumped 18.6% to $139.62 on Tuesday.

Here are some other big stocks recording gains in today’s session.

Now Read This: Boeing To Rally More Than 25%? Here Are 10 Top Analyst Forecasts For Tuesday

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U.S. stocks traded mixed, with the Dow Jones gaining around 10 points on Tuesday.

PDD Holdings shares jumped 18.6% to $139.62 on Tuesday.

Here are some other big stocks recording gains in today’s session.

Avidity Biosciences, Inc. (NASDAQ:RNA) surged 22.3% to $7.53 after the company reported expansion of cardiovascular collaboration with Bristol Myers Squibb.
SpringWorks Therapeutics, Inc. (NASDAQ:SWTX) gained 15.5% to $23.99. The FDA approved SpringWorks Therapeutics’ Ogsiveo (nirogacestat), an oral gamma-secretase inhibitor, for adult patients with progressing desmoid tumors who require systemic treatment.
GDEV Inc. (NASDAQ:GDEV) surged 10% to $2.53. The company recently reported a decline in third-quarter sales.
nLIGHT, Inc. (NASDAQ:LASR) gained 8% to $13.98. Benchmark upgraded nLight from Hold to Speculative Buy and announced a $17 price target.
Clearway Energy, Inc. (NYSE:CWEN) gained 7.4% to $24.55. Clearway Energy will replace Veritiv in the S&P SmallCap 600.
The Carlyle Group Inc. (NASDAQ:CG) rose 6% to $34.78. Carlyle Group will replace ICU Medical in the S&P MidCap 400, effective prior to the open of trading on Nov. 30.
LendingClub Corporation (NYSE:LC) gained 5.4% to $5.88. Piper Sandler initiated coverage on LendingClub with an Overweight rating and announced a price target of $8.

Now Read This: Boeing To Rally More Than 25%? Here Are 10 Top Analyst Forecasts For Tuesday

CGThe Carlyle Group Inc

$49.531.29%

Overview

CWENClearway Energy Inc

RNAAtrium Therapeutics Inc

$14.67-1.01%

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