National CineMedia Reports Upbeat Results, Joins Nordstrom, Core & Main And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were mixed, with the Dow Jones index gaining around 75 points on Tuesday.

Shares of National CineMedia, Inc. (NASDAQ:NCMI) jumped 25.5% to $5.30 after the company posted upbeat results for its fourth quarter and disclosed a new $100 million share repurchase program.

Operating revenue stood at $90.9 million, beating the consensus of $81.1 million. EPS of 24 cents beat the consensus of 9 cents.

The company said it sees first-quarter total revenue of $34.5 million to $35.5 million.

Alphabet shares climbed 6.3% to $150.09 on Monday.

Here are some other big stocks recording gains in today’s session.

• Fusion Pharmaceuticals Inc. (NASDAQ:FUSN) shares jumped 97.3% to $20.99 after the company announced agreed to be acquired by AstraZeneca. Also, Leerink Partners downgraded the stock from Outperform to Market Perform but raised its price target from $17 to $21.
• Spire Global, Inc. (NYSE:SPIR) shares climbed 50.7% to $18.50 after announcing a collaboration with NVIDIA to advance AI-driven weather prediction.
• Zoomcar Holdings, Inc. (NASDAQ:ZCAR) jumped 33.1% to $1.57 after the company announced that it partnered with EaseMyTrip to integrate its cars within the travel platform.
• Enliven Therapeutics, Inc. (NASDAQ:ELVN) shares rose 27.2% to $16.09. The company announced a $90 million private placement financing and provided pipeline updates.
• Alignment Healthcare, Inc. (NASDAQ:ALHC) shares surged 17.7% to $5.50.
• BitFuFu Inc. (NASDAQ:FUFU) gained 15.2% to $4.70.
• Crinetics Pharmaceuticals, Inc. (NASDAQ:CRNX) gained 15% to $43.63 after the company's Phase 3 PATHFNDR-2 trial of paltusotine in acromegaly achieved the primary and all secondary endpoints.
• Nordstrom, Inc. (NYSE:JWN) climbed 11.9% to $19.10 following a report suggesting the company's founding family is working with Morgan Stanley and Centerview Partners in an attempt to potentially go private.
• Alpine Immune Sciences, Inc. (NASDAQ:ALPN) rose 10.3% to $39.13 following fourth-quarter earnings.
• DocGo Inc. (NASDAQ:DCGO) climbed 10% to $4.0550. DocGo announced repurchases of common stock and adoption of 10b5-1 trading plan for share repurchase program.
• Montauk Renewables, Inc. (NASDAQ:MNTK) gained 8.7% to $4.08.
• Lotus Technology Inc. (NASDAQ:LOT) climbed 8.2% to $7.90.
• Valneva SE (NASDAQ:VALN) gained 7.8% to $8.34. Valneva announced extension of the interest-only period of its debt facility with Deerfield and OrbiMed.
• CVR Partners, LP (NYSE:UAN) rose 7.1% to $68.27.
• International Paper Company (NYSE:IP) gained 7% to $37.38. International Paper said it has elected Andrew Silvernail as Chief Executive Officer, following an extensive evaluation process.
• Endava plc (NYSE:DAVA) gained 6.4% to $39.58 after JP Morgan upgraded the stock from Neutral to Overweight with a $49 price target. Additionally, Guggenheim initiated coverage on the stock with a Buy rating and a price target of $60.
• Core & Main, Inc. (NYSE:CNM) rose 5% to $53.22 following upbeat sales.

Now Read This: Nvidia To Rally Around 10%? Here Are 10 Top Analyst Forecasts For Tuesday