U.S. stocks were slightly higher, with the Dow Jones index gaining around 0.1% on Tuesday.
Shares of Patterson Companies, Inc. PDCO rose sharply during Tuesday's session following quarterly results.
Patterson Cos posted adjusted earnings of 82 cents per share on sales of $1.723 billion, according to data from Benzinga Pro.
Patterson Companies shares climbed 9.7% to $25.06 on Tuesday.
Here are some other big stocks recording gains in today’s session.
- Silk Road Medical, Inc SILK shares climbed 23.8% to $26.83 after the company entered a definitive deal to be acquired by Boston Scientific for $27.50 per share.
- La-Z-Boy Incorporated LZB surged 17.7% to $40.11.
- Karooooo Ltd. KARO rose 14.6% to $33.59
- Chegg, Inc. CHGG gained 14.2% to $2.9811 after the company announced a restructuring plan and new vision for growth.
- Companhia Siderúrgica Nacional SID gained 10.6% to $2.4450.
- Intra-Cellular Therapies, Inc. ITCI rose 9.6% to $75.51 after the company announced topline results from its second Phase 3 trial evaluating Lumateperone as adjunctive therapy for patients with major depressive disorder, meeting primary and key secondary endpoints.
- Chewy, Inc. CHWY gained 9.4% to $24.96
- Rocket Lab USA, Inc. RKLB gained 9% to $4.7305 after signing a 10-launch deal with Japanese firm Synspective in Tokyo.
- QuinStreet, Inc. QNST gained 8.8% to $16.96 after Craig-Hallum upgraded the stock from Hold to Buy and announced a $22 price target.
- Toast, Inc. TOST climbed 8.7% to $24.57.
- Ballard Power Systems Inc. BLDP gained 8.3% to $2.7620 after the company and Vertiv entered a technology partnership.
- Cedar Fair, L.P. FUN rose 7.6% to $51.92. Cedar Fair and Six Flags announced senior management team that will lead combined company following completion of planned merger of equals.
- Dell Technologies Inc. DELL gained 7.1% to $152.10 after Morgan Stanley reiterated a bullish rating on the stock.
- e.l.f. Beauty, Inc. ELF gained 7% to $209.00 after Canaccord Genuity maintained a Buy rating and raised its price target from $214 to $250.
- Micron Technology, Inc. MU rose 5.7% to $156.30 after Wedbush raised its price target on the stock from $130 to $170.
- Hewlett Packard Enterprise Company HPE gained 5.5% to $22.72 after the company announced its collaboration with Danfoss to deliver HPE IT Sustainability Services – Data Center Heat Recovery.
- Six Flags Entertainment Corporation SIX gained 5.4% to $31.87
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