U.S. stocks were higher, with the Nasdaq Composite gaining around 100 points on Tuesday.
Shares of Signet Jewelers Limited SIG rose sharply during Tuesday's session after the company reported better-than-expected first-quarter financial results and raised its FY26 guidance.
The company posted revenue of $1.54 billion, a 2% increase from the prior year, surpassing analysts' consensus estimate of $1.49 billion. Adjusted EPS of $1.18 beat the consensus estimate of $1.07.
Signet Jewelers shares jumped 12.1% to $74.89 on Tuesday.
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Here are some other big stocks recording gains in today’s session.
- Credo Technology Group Holding Ltd CRDO shares jumped 23.1% to $77.29 following upbeat quarterly results.
- Venture Global, Inc. VG gained 19.3% to $14.08.
- Ribbon Communications Inc. RBBN gained 18.5% to $4.15 after the company announced a $50 million stock repurchase program.
- CoreWeave, Inc. CRWV gained 18.4% to $142.37 on possible continued strength following its data center deal announced yesterday with Applied Digital.
- Venture Global, Inc. VG gained 16.7% to $13.77.
- LiveWire Group, Inc. LVWR rose 15.3% to $4.3801.
- Energy Fuels Inc. UUUU surged 15% to $5.61 after the company reported record Uranium production, announced it expanded its resource base based on a technical report of its Bullfrog project in Utah, and is engaging with consultants for an accelerated permitting process with regulators in New Mexico.
- MoonLake Immunotherapeutics MLTX gained 14.8% to $47.27 following reports that Merck is looking to acquire the company in a deal valued at over $3 billion.
- Ferguson Enterprises Inc. FERG rose 13.6% to $204.82 following better-than-expected quarterly results.
- Dollar General Corporation DG jumped 13.5% to $110.24 after the company reported first-quarter 2025 earnings on Tuesday.
- Sunrun Inc. RUN rose 13.2% to $8.08.
- Sitio Royalties Corp. STR surged 13.2% to $19.61 after an announcement that Viper Energy will acquire the company through a $4.1 billion all-equity deal.
- enCore Energy Corp. EU gained 12.5% to $2.1601.
- Kymera Therapeutics, Inc. KYMR rose 11.4% to $48.06 after Morgan Stanley and B. Riley Securities upgraded the stock to Overweight and Buy, respectively. Additionally, the company received several price target increases.
- Algonquin Power & Utilities Corp. AQN gained 11.1% to $5.96 after the company provided adjusted EPS guidance from 2025 through 2027.
- Joby Aviation, Inc. JOBY rose 9.4% to $8.20 after the company signed an MOU with Abdul Latif Jameel of Saudi Arabia to explore opportunities in establishing a distribution agreement.
- Guardant Health, Inc. GH jumped 9% to $45.89. The FDA granted Guardant Health’s Shield Multi-Cancer Detection Test Breakthrough Device Designation.
- TTM Technologies, Inc. TTMI gained 7.1% to $31.94.
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