Nvidia, Insmed, Agios Pharmaceuticals And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were mixed, with the Dow Jones index falling more than 100 points on Tuesday.

Shares of NVIDIA Corporation (NASDAQ:NVDA) rose during Tuesday's session on reports Elon Musk’s xAI plans to build a supercomputer that will power its Grok AI chatbot.

The company, last week, reported better-than-expected financial results for its first quarter and issued strong guidance for the second quarter.

NVIDIA shares gained 4.4% to $1,110.87 on Tuesday.

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

• Insmed Incorporated (NASDAQ:INSM) shares climbed 110% to $46.20 after the company announced topline results from ASPEN Phase 3 study met its primary endpoint.
• Calliditas Therapeutics AB (NASDAQ:CALT) shares rose 74.6% to $38.10 after the company’s board recommended the acceptance of Asahi Kasei’s tender offer.
• Latam Logistic Properties, S.A. (NYSE:LPA) shares jumped 45.2% to $20.47.
• Virgin Galactic Holdings, Inc. (NYSE:SPCE) shares surged 30% to $1.1000.
• Agios Pharmaceuticals, Inc. (NASDAQ:AGIO) jumped 22% to $38.29 after the company announced it agreed to sell its rights to its 15% royalty on potential U.S. net sales of Servier’s vorasidenib to Royalty Pharma.
• Arcturus Therapeutics Holdings Inc. (NASDAQ:ARCT) shares rose 21% to $36.63 after the company announced it will present Phase 1 results in healthy volunteers and new Phase 1b interim data in CF patients for ARCT-032.
• GameStop Corp. (NYSE:GME) climbed 14.4% to $0.3411 after the company announced it has completed its at-the-market equity offering program, which was previously announced.
• Corcept Therapeutics Incorporated (NASDAQ:CORT) shares rose 13.7% to $31.20 after the company announced that its Phase 3 GRACE trial met its primary endpoint.
• Forward Air Corporation (NASDAQ:FWRD) jumped 13% to $13.93.
• NuScale Power Corporation (NYSE:SMR) rose 11.7% to $8.68 after jumping over 16% on Friday.
• Abacus Life, Inc. (NASDAQ:ABL) climbed 10.1% to $11.78.
• Oklo Inc. (NYSE:OKLO) gained 10.1% to $11.18.
• Duolingo, Inc. (NASDAQ:DUOL) shares climbed 8.8% to $194.12. JMP Securities analyst Andrew Boone upgraded Duolingo from Market Perform to Market Outperform and announced a price target of $260.
• HubSpot, Inc. (NYSE:HUBS) rose 6.9% to $631.00.
• Arm Holdings plc (NASDAQ:ARM) gained 6.4% to $122.07.
• Pan American Silver Corp. (NASDAQ:PAAS) gained 5.2% to $22.12.
• MINISO Group Holding Limited (NYSE:MNSO) rose 4.8% to $23.59.
• Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) shares rose 4.7% to $16.75 after Mizuho upgraded the stock from Neutral to Buy.

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