U.S. stocks were higher, as the Dow Jones index gained around 50 points on Tuesday.
Shares of Tesla Inc TSLA surged amid reports suggesting Italy’s interest in electric truck production with the company.
Tesla shares soared 5.8% to $182.65 on Tuesday following the news.
Explore other significant market movements today.
- Praxis Precision Medicines Inc PRAX shares rose 31.9% after positive study results.
- Nuvation Bio Inc NUVB surged 24.4% following an analyst upgrade.
- Krispy Kreme, Inc. DNUT gained 21.3% after expanding partnership with McDonald’s.
- Sunnova Energy International Inc NOVA climbed 16.4% with a new business announcement.
- Reddit Inc RDDT rose 15.8% amid post-IPO changes.
- Canopy Growth Corp CGC saw a 15.6% increase in share value.
- Invivyd Inc IVVD surged 15.2% following an analyst’s bullish stance.
- Qurate Retail Inc QRTEB gained 13.7% in today’s trading.
- Natural Grocers by Vitamin Cottage Inc NGVC rose 13.4% in value.
- SNDL Inc SNDL climbed 10.1% during the session.
- Seagate Technology Holdings PLC STX gained 9.2% after an optimistic analyst report.
- Summit Therapeutics Inc SMMT saw a 9.2% increase driven by a new Buy rating.
- AppFolio Inc APPF rose 9.1% on news of its inclusion in the S&P MidCap 400.
- McCormick & Company Inc MKC surged 9% post better-than-anticipated financial results announcement.
- IHS Holding Ltd IHS gained 7.6% during today’s trading.
- StoneCo Ltd STNE climbed 7.6% in value.
- Tandem Diabetes Care Inc TNDM saw a 7.5% increase following an upgrade to Buy.
- Western Digital Corp WDC rose 5% during the session.
- Foot Locker Inc FL gained 4.8% in today’s trading.
Now Read This: Top 3 Energy Stocks That May Keep You Up At Night In Q1