Akamai Technologies, Array Technologies Music, HNI, PENN Entertainment And Other Big Stocks Moving Higher On Wednesday

U.S. stocks traded lower, with the Nasdaq Composite falling around 100 points on Wednesday. Here are some big stocks recording gains in today’s session.

• Tango Therapeutics, Inc. (NASDAQ:TNGX) gained 85.2% to $7.09 after gaining 11% on Tuesday. Tango Therapeutics recently posted a narrower quarterly loss.
• Decibel Therapeutics, Inc. (NASDAQ:DBTX) rose 76% to $4.9150 after Regeneron announced it will acquire the company.
• Mirati Therapeutics, Inc. (NASDAQ:MRTX) climbed 30.1% to $36.17 after the company reported second-quarter financial results. Also, B. Riley Securities upgraded the stock from Neutral to Buy and announced a $45 price target.
• Array Technologies, Inc. (NASDAQ:ARRY) gained 27.8% to $22.85 following a second-quarter earnings beat.
• Computer Task Group, Incorporated (NASDAQ:CTG) rose 27.8% to $10.23 after the company announced it will be acquired by Cegeka for $10.50 per share.
• LivePerson, Inc. (NASDAQ:LPSN) gained 27.5% to $5.09 r after the company announced a second-quarter earnings beat. The company named John Collins as the Interim CEO.
• PMV Pharmaceuticals, Inc. (NASDAQ:PMVP) climbed 22.3% to $8.31 after the company reported better-than-expected second-quarter EPS results.
• Celsius Holdings, Inc. (NASDAQ:CELH) rose 21.8% to $174.73 after the company reported better-than-expected second-quarter financial results.
• DMC Global Inc. (NASDAQ:BOOM) gained 19.8% to $21.03 following quarterly results.
• Dutch Bros Inc. (NYSE:BROS) climbed 19.8% to $33.55 after the company reported better-than-expected quarterly EPS results and issued FY23 guidance.
• Azenta, Inc. (NASDAQ:AZTA) rose 19.6% to $57.45 fter the company reported better-than-expected third-quarter financial results and issued fourth-quarter EPS guidance above estimates. Additionally, Needham raised its price target from $55 to $65 on the stock.
• ThredUp Inc. (NASDAQ:TDUP) gained 19.5% to $3.85 after the company reported better-than-expected second-quarter financial results and issued revenue guidance. Also, Goldman Sachs raised its price target from $3 to $4 on the stock.
• Taboola.com Ltd. (NASDAQ:TBLA) gained 17% to $3.9450 after the company reported better-than-expected second-quarter financial results and raised its FY23 revenue guidance.
• Anavex Life Sciences Corp. (NASDAQ:AVXL) jumped 16.2% to $ 9.33.
• Rapid7, Inc. (NASDAQ:RPD) rose 16% to $46.15 after the company reported better-than-expected second-quarter financial results and issued FY23 EPS guidance above estimates. Additionally, Morgan Stanley raised its price target from $48 to $52 on the stock.
• Toast, Inc. (NASDAQ:TOST) jumped 15.7% to $23.39 after the company reported mixed quarterly financial results and issued FY23 revenue guidance above estimates.
• Marqeta, Inc. (NASDAQ:MQ) rose 15.5% to $5.73 following strong quarterly sales.
• IDEAYA Biosciences, Inc. (NASDAQ:IDYA) jumped 15.5% to $24.93 after SVB Leerink initiated coverage on the stock with an Outperform rating and announced a $33 price target.
• SciPlay Corporation (NASDAQ:SCPL) gained 15.4% to $22.67 after the company reported better-than-expected second-quarter financial results.
• Orthofix Medical Inc. (NASDAQ:OFIX) jumped 15.3% to $20.72 after the company reported better-than-expected second-quarter financial results and raised FY23 net sales guidance above estimates.
• Axon Enterprise, Inc. (NASDAQ:AXON) surged 14.5% to $201.29 after the company reported better-than-expected second-quarter financial results and raised its FY23 revenue guidance above estimates.
• Arcturus Therapeutics Holdings Inc. (NASDAQ:ARCT) rose 13.3% to $29.15.
• Liberty Latin America Ltd. (NASDAQ:LILA) gained 13% to $9.49 after the company reported second-quarter revenue results..
• Blink Charging Co. (NASDAQ:BLNK) jumped 12.9% to $6.98 after the company reported better-than-expected second-quarter financial results.
• Oscar Health, Inc. (NYSE:OSCR) rose 12.7% to $8.04 following quarterly results.
• HNI Corporation (NYSE:HNI) gained 10.8% to $32.24 following strong quarterly earnings.
• Vertex, Inc. (NASDAQ:VERX) rose 9.9% to $19.53 after the company reported better-than-expected second-quarter revenue results and issued third-quarter revenue guidance above estimates.
• PENN Entertainment, Inc. (NASDAQ:PENN) rose 9.8% to $27.27 after the company reported better-than-expected second-quarter financial results and announced an exclusive U.S. online sports betting agreement with ESPN.
• Zai Lab Limited (NASDAQ:ZLAB) gained 9.7% to $26.52.
• Duolingo, Inc. (NASDAQ:DUOL) gained 9.3% to $148.66 after the company reported better-than-expected second-quarter financial results.
• Coupang, Inc. (NYSE:CPNG) rose 8.5% to $19.44 after the company reported better-than-expected second-quarter financial results.
• Akamai Technologies, Inc. (NASDAQ:AKAM) gained 8.4% to $102.91 after the company reported better-than-expected second-quarter financial results and issued FY23 adjusted EPS and revenue guidance above estimates.
• The Goodyear Tire & Rubber Company (NASDAQ:GT) rose 5% to $13.49.

Read More: Genpact Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call