U.S. stocks closed higher on Wednesday following the release of inflation data. Here is the list of some big stocks moving higher in the previous session.
- Invitae Corporation (NYSE:NVTA) surged 276.9% to close at $8.63 after the company reported better-than-expected Q2 EPS.
- The Trade Desk, Inc. (NASDAQ:TTD) jumped 36.2% to close at $74.24 after the company reported better-than-expected Q2 sales results and issued Q3 sales guidance above estimates. Additionally, multiple analysts raised their price target on the stock.
- V2X, Inc. (NYSE:VVX) jumped 34.1% to close at $39.96 following upbeat Q2 results. Stifel upgraded V2X from Hold to Buy and raised the price target from $42 to $45.
- Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSE) surged 30% to $14.75.
- Array Technologies, Inc. (NASDAQ:ARRY) climbed 28.9% to close at $23.58 after the company reported better-than-expected Q2 adjusted EPS and sales results.
- Model N, Inc. (NYSE:MODN) jumped 28.9% to close at $33.77 after the company posted upbeat Q3 results and issued strong FY22 forecast.
- AbCellera Biologics Inc. (NASDAQ:ABCL) rose 20.1% to close at $13.34 after the company reported Q2 earnings results.
- Bloom Energy Corporation (NYSE:BE) rose 18.3% to close at $29.30 after the company reported better-than-expected Q2 sales results. Following earnings, multiple firms maintained bullish ratings and raised their price target on the stock.
- Upstart Holdings, Inc. (NASDAQ:UPST) surged 17.8% to close at $33.50. Upstart recently reported worse-than-expected Q2 EPS and sales results.
- LifeStance Health Group, Inc. (NASDAQ:LFST) jumped 17.3% to settle at $7.86 after reporting Q2 results.
- Synalloy Corporation (NASDAQ:SYNL) gained 17.2% to close at $15.57 after reporting a sharp rise in quarterly earnings.
- Plug Power Inc. (NASDAQ:PLUG) gained 16.7% to close at $28.78 after the company reported Q2 earnings results. Following earnings, multiple firms maintained bullish ratings on the stock and raised their price target.
- Luminar Technologies, Inc. (NASDAQ:LAZR) jumped 15.9% to close at $9.87. Luminar Technologies recently reported better-than-expected Q2 sales results.
- Shoals Technologies Group, Inc. (NASDAQ:SHLS) rose 15.9% to settle at $26.62.
- H&R Block, Inc. (NYSE:HRB) climbed 15.3% to close at $45.47 after the company reported Q4 sales results were higher year over year. The company also issued FY23 adjusted EPS and revenue guidance above estimates.
- Carvana Co. (NYSE:CVNA) gained 14.2% to settle at $47.31.
- Karuna Therapeutics, Inc. (NASDAQ:KRTX) jumped 13.3% to close at $258.89. Karuna Therapeutics priced its 3.489 million share public offering of common stock at $215 per share.
- Aurora Innovation, Inc. (NASDAQ:AUR) gained 13.1% to settle at $2.76.
- Axon Enterprise, Inc. (NASDAQ:AXON) rose 13% to close at $126.07 after the company reported better-than-expected Q2 EPS and sales results and raised FY22 revenue guidance.
- Jackson Financial Inc. (NYSE:JXN) gained 13% to settle at $32.30 after the company reported better-than-expected Q2 EPS results and reported Q2 sales results were higher year over year.
- Affirm Holdings, Inc. (NASDAQ:AFRM) rose 12.9% to settle at $36.78.
- Flywire Corporation (NASDAQ:FLYW) gained 12.8% to close at $26.65 after the company reported better-than-expected Q2 sales results and issued Q3 and FY22 revenue guidance above estimates.
- AppLovin Corporation (NASDAQ:APP) rose 12.4% to settle at $40.46 after the company reported Q2 EPS results were down year over year and worse-than-expected Q2 sales results and lowered FY22 sales guidance below estimates.
- Enovix Corporation (NASDAQ:ENVX) jumped 12.1% to close at $16.15. The company released Q2 results after the closing bell on Wednesday.
- Bill.com Holdings, Inc. (NYSE:BILL) gained 12.1% to settle at $162.51.
- Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) rose 12.1% to close at $13.56 as the stock rebounded after falling Tuesday on weak Q3 earnings. A better-than-expected CPI report has improved economic sentiment and lifted discretionary sectors such as travel.
- Super Group (SGHC) Limited (NYSE:SGHC) gained 12% to $5.66.
- SentinelOne, Inc. (NYSE:S) gained 12% to close at $28.11.
- Wix.com Ltd. (NASDAQ:WIX) jumped 11.8% to $76.95 after the company reported Q2 EPS results were up year over year and better-than-expected Q2 sales results.
- Qualtrics International Inc. (NASDAQ:XM) rose 11.6% to close at $15.37.
- HubSpot, Inc. (NYSE:HUBS) jumped 11.6% to close at $407.07. HubSpot recently reported better-than-expected Q2 adjusted EPS and sales results.
- Trupanion, Inc. (NASDAQ:TRUP) gained 10.8% to close at $72.35.
- Asana, Inc. (NYSE:ASAN) jumped 10.7% to settle at $27.32.
- Workiva Inc. (NYSE:WK) rose 10.6% to close at $75.75 after the company reported better-than-expected Q2 EPS and sales results and issued FY22 revenue guidance above estimates.
- Shopify Inc. (NYSE:SHOP) gained 10.5% to settle at $40.61.
- Unity Software Inc. (NYSE:U) jumped 10.3% to close at $55.57. The stock initially traded lower Tuesday evening after the company reported mixed financial results, but it has since recovered amid positive analyst coverage and an overall market rebound.
- Cloudflare, Inc. (NYSE:NET) gained 9.7% to settle at $78.61.
- Super Micro Computer, Inc. (NASDAQ:SMCI) rose 9.5% to close at $63.73 after the company reported better-than-expected Q4 EPS and sales results.
- CyberArk Software Ltd. (NASDAQ:CYBR) jumped 8.2% to settle at $149.74 after the company reported better-than-expected Q2 EPS and sales results.
- Coinbase Global, Inc. (NASDAQ:COIN) gained 7.4% to close at $94.14 amid strength in cryptocurrencies. The company, however, reported a wider-than-expected loss for its second quarter and also shared an updated full year guidance.
- Twitter, Inc. (NYSE:TWTR) rose 3.7% to close at $44.43 after Tesla CEO Elon Musk sold shares of the electric vehicle company, noting that the funds could be used for a potential Twitter deal. Wedbush raised the price target on Twitter from $30 to $50.
