Insmed, Tesla, Casey's General Stores And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were mixed, with the Dow Jones index falling around 0.1% on Tuesday.

Shares of Insmed Incorporated INSM rose sharply during Tuesday's session after the company announced topline results from its randomized, double-blind, placebo-controlled Phase 2b study evaluating the efficacy and safety of treprostinil palmitil inhalation powder met its primary endpoint and all secondary efficacy endpoints.

Insmed Incorporated INSM gained 27% to $89.78 on Tuesday.

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

NWTN Inc. NWTN shares jumped 27.5% to $2.04.
Metsera, Inc. MTSR gained 24% to $37.66.
Yatsen Holding Limited YSG climbed 20.3% to $8.50.
Navitas Semiconductor Corporation NVTS gained 19.4% to $8.08.
Plug Power Inc. PLUG rose 16.8% to $1.4250 on what appears to be continued momentum following a more than 25% surge to start the week.
QuantaSing Group Limited QSG jumped 14.5% to $7.96. Citigroup analyst Alice Cai upgraded QuantaSing Group from Neutral to Buy and raised the price target from $6.1 to $9.52.
Quantum Computing Inc. QUBT rose 14% to $16.39.
Casey’s General Stores, Inc. CASY gained 13.8% to $500.07 after the company reported better-than-expected fourth-quarter financial results and increased its quarterly dividend.
Terns Pharmaceuticals, Inc. TERN rose 12.4% to $4.1689.
Recursion Pharmaceuticals, Inc. RXRX gained 10.1% to $5.91 as the company announced a 20% workforce reduction and infrastructure streamlining to extend cash runway into Q4 2027.
Legend Biotech Corporation LEGN rose 6.8% to $37.15.
Axcelis Technologies, Inc. ACLS gained 6% to $71.68.
Cosan S.A. CSAN rose 5.7% to $6.05.
Under Armour, Inc. UAA gained 5% to $7.09.
Tesla, Inc. TSLA rose 2.4% to $315.94. Tesla sold over 24,770 Model Ys in May in China, according to new insurance registration data obtained by Car News China on Monday.