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Benzinga
Benzinga
Business
Lisa Levin

Turquoise Hill Resources, Intuit And Some Other Big Stocks Moving Higher On Wednesday

 


  • Turquoise Hill Resources Ltd. (NYSE:TRQ) climbed 25% to $29.14 after Rio Tinto Group raised its offer to buy out Turquoise Hill Resources.

  • Farfetch Limited (NYSE:FTCH) shares climbed 18.9% to $9.32 after the company announced the acquisition of a 47.5% stake in YNAP.

  • Peloton Interactive, Inc. (NASDAQ:PTON) gained 17.5% to $13.15 after the company announced it launched products, apparel and accessories in Amazon's US stores.

  • Absolute Software Corporation (NASDAQ:ABST) jumped 17.3% to $11.99 following upbeat quarterly results.

  • GigaCloud Technology Inc. (NASDAQ:GCT) shares gained 16.3% to $30.99 after dipping over 35% on Tuesday. Gigacloud Technology recently priced its IPO at $12.25 per share.

  • Bed Bath & Beyond Inc. (NASDAQ:BBBY) rose 15.3% to $10.12 after the company reportedly secured a loan deal to bolster its balance sheet. The home goods retailer has selected a lender following a marketing process undertaken by JPMorgan Chase & Co, the Wall Street Journal reported, citing people familiar with the matter.

  • Flexsteel Industries, Inc. (NASDAQ:FLXS) gained 15% to $19.67 after GSC Generation submitted a proposal to acquire the company for $20.80 per share in cash.

  • Tattooed Chef, Inc. (NASDAQ:TTCF) rose 14% to $7.15 after the company announced an expanded distribution agreement with Walmart that will increase the availability of the company's branded products in stores across the US.

  • Playtika Holding Corp. (NASDAQ:PLTK) rose 11.7% to $11.52. The company recently posted downbeat quarterly results.

  • Cameco Corporation (NYSE:CCJ) gained 11.6% to $26.28.

  • Fluence Energy, Inc. (NASDAQ:FLNC) rose 11.6% to $19.54.

  • Natura &Co Holding S.A. (NYSE:NTCO) gained 9.3% to $6.33.

  • ChargePoint Holdings, Inc. (NYSE:CHPT) jumped 9% to $15.48.

  • Verve Therapeutics, Inc. (NASDAQ:VERV) gained 8.7% to $39.99. Verve Therapeutics recently announced new preclinical data supporting the nomination of the company's second product candidate, VERVE-201.

  • Tencent Music Entertainment Group (NYSE:TME) surged 8.3% to $4.7650. The company recently posted upbeat quarterly earnings.

  • Enovix Corporation (NASDAQ:ENVX) rose 8.1% to $23.06.

  • Stem, Inc. (NASDAQ:STEM) climbed 7.9% to $14.82.

  • HighPeak Energy, Inc. (NASDAQ:HPK) gained 7.3% to $24.42.

  • Intuit Inc. (NASDAQ:INTU) rose 5.6% to $474.64 after the company reported better-than-expected financial results.

  • JD.com, Inc. (NASDAQ:JD) gained 5.6% to $60.44. JD.com reported second-quarter FY22 revenue growth of 5.4% year-on-year to $40 billion, beating the consensus of $38.63 billion.


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