Orchestra BioMed, Vital Farms And Other Big Stocks Moving Higher On Tuesday
U.S. stocks traded lower on Tuesday. Here are some big stocks recording gains in today’s session.
Orchestra BioMed Holdings, Inc. (NASDAQ:OBIO) jumped 24.4% to $10.50. The FDA granted an investigational device exemption to initiate BACKBEAT Study evaluating Orchestra biomed's atrioventricular interval modulation therapy (BACKBEAT CNT) for hypertensive patients who are indicated for a dual-chamber cardiac pacemaker.
Rackspace Technology, Inc. (NASDAQ:RXT) rose 20.2% to $1.78 after Raymond James upgraded the stock from Market Perform to Outperform and announced a $3.5 price target.
Eos Energy Enterprises, Inc. (NASDAQ:EOSE) gained 16.6% to $2.65.
Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) surged 10% to $9.48.
Conduent Incorporated (NASDAQ:CNDT) rose 9.4% to $3.3703. Conduent and HealthEquity announced that they have entered into a definitive agreement to transfer BenefitWallet's Health Savings Account (HSA) portfolio to HealthEquity.
Stem, Inc. (NYSE:STEM) climbed 8.6% to $4.88. Stem expanded its India Center Of Excellence, aimed at fostering global growth, optimizing operations, and increasing customer value.
Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPB) rose 8% to $29.17.
Aspen Aerogels, Inc. (NYSE:ASPN) jumped 7.6% to $6.41.
Waldencast plc (NASDAQ:WALD) gained 7.3% to $9.41.
Methanex Corporation (NASDAQ:MEOH) jumped 6.6% to $43.89. Raymond James upgraded Methanex from Market Perform to Outperform and raised the price target from $50 to $60.
Lumen Technologies, Inc. (NYSE:LUMN) rose 6.5% to $1.62.
The Children's Place, Inc. (NASDAQ:PLCE) surged 6% to $27.11.
Array Technologies, Inc. (NASDAQ:ARRY) gained 5.5% to $25.46.
Semtech Corporation (NASDAQ:SMTC) rose 5% to $25.48. Semtech Director Paul V. Walsh Jr. acquired a total of 20,000 shares at an average price of $24.83.
Honda Motor Co., Ltd. (NYSE:HMC) gained 4% to $36.59.
Vital Farms, Inc. (NASDAQ:VITL) rose 4% to $11.36 as the company updated long-term financial targets. The company sets $1 billion net revenue target for 2027.
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