U.S. stocks were lower, with the Dow Jones index falling around 100 points on Tuesday.
Shares of Walgreens Boots Alliance, Inc. WBA rose sharply during Tuesday's session following better-than-expected quarterly earnings.
Walgreens reported fourth-quarter fiscal year 2024 sales of $37.55 billion, up 6% year over year (+6.1% on constant currency), beating the consensus of $35.76 billion, reflecting sales growth across all segments. Adjusted EPS was 39 cents, down 40.8%, beating the consensus of 36 cents, according to data from Benzinga Pro.
Walgreens Boots Alliance, Inc. WBA gained 12.3% to $10.11 on Tuesday.
Here are some other big stocks recording gains in today's session.
Wolfspeed, Inc. WOLF shares jumped 25% to $14.24 after the company announced it signed a signed a non-binding preliminary memorandum of terms for up to $750 million in proposed direct funding under the CHIPS and Science Act.
MeiraGTx Holdings plc MGTX gained 13.4% to $5.26 after safety and tolerability was confirmed in its gene therapy study for Parkinson’s.
Telefonaktiebolaget LM Ericsson (publ) ERIC climbed 12.5% to $8.48 following a third-quarter earnings beat.
Rumble Inc. RUM gained 9.5% to $5.99.
Montrose Environmental Group, Inc. MEG gained 7.2% to $25.16. Montrose Environmental Group announced a $249 million US Army Corps Of Engineers Environmental Services contract.
TechTarget, Inc. TTGT gained 7.2% to $26.97. Craig-Hallum analyst Jason Kreyer upgraded TechTarget from Hold to Buy and raised the price target from $34 to $36.
Bit Digital, Inc. BTBT gained 5.8% to $3.4813. Bit Digital acquired Enovum Data Centers for total consideration of approximately $46 million.
Ardent Health Partners, Inc. ARDT gained 5.2% to $19.85.
Foot Locker, Inc. FL gained 4% to $24.72.
American Airlines Group Inc. AAL gained 3.3% to $12.27.
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