Tesla, Nvidia, John Wiley & Sons And Other Big Stocks Moving Higher On Thursday
U.S. stocks were mixed, with the Dow Jones index falling around 200 points on Thursday.
Shares of Tesla Inc (NASDAQ:TSLA) rose sharply during Thursday's session after CEO Elon Musk said the company’s shareholder resolutions are passing with significant margins.
Meanwhile, Tesla said on Tuesday that it deployed two of its humanoid bots called Optimus at its factory this year where they are performing tasks autonomously.
Tesla shares gained 6.7% to $189.30 on Thursday.
Here are some other big stocks recording gains in today’s session.
- NWTN Inc. (NASDAQ:NWTN) shares rose 22.8% to $1.84.
- John Wiley & Sons, Inc. (NYSE:WLYB) gained 19.3% to $42.62 as the company reported results for the fourth quarter and fiscal year ended April 30, 2024.
- Kyverna Therapeutics, Inc. (NASDAQ:KYTX) climbed 17.3% to $16.10.
- American Superconductor Corporation (NASDAQ:AMSC) rose 14.3% to $26.92. Roth MKM analyst Justin Clare maintained American Superconductor with a Buy and raised the price target from $20 to $27.
- Broadcom Inc. (NASDAQ:AVGO) rose jumped 14.2% to $1,707.99 after the company posted stronger-than-expected results for its second quarter. The company declared a quarterly dividend of $5.25 per share and also announced a 10-for-1 forward stock split. Broadcom boosted its fiscal year 2024 revenue guidance to approximately $51 billion, up from approximately $50 billion.
- Bitfarms Ltd. (NASDAQ:BITF) gained 12.3% to $2.73. The company on Thursday issued new guidance for 2025 after announcing an agreement to develop power capacity in Pennsylvania.
- United Homes Group, Inc. (NASDAQ:UHG) rose 12.3% to $7.34.
- Verona Pharma PLC – ADR (NASDAQ:VRNA) shares gained 12% to $16.52.
- Bilibili Inc – ADR (NASDAQ:BILI) climbed 10.6% to $15.91.
- Vanda Pharmaceuticals Inc (NASDAQ:VNDA) gained 10.1% to $6.52 after Future Pak increased the cash portion of its offer to $8.50-$9.00 per share.
- Cipher Mining Inc (NASDAQ:CIFR) gained 8.4% to $4.96.
- Core Scientific, Inc. (NASDAQ:CORZ) gained 8.3% to $10.36.
- Korn Ferry (NYSE:KFY) climbed 7% to $67.87 following better-than-expected quarterly results.
- Axcelis Technologies Inc (NASDAQ:ACLS) shares gained 5% to $143.40.
- Insmed Inc (NASDAQ:INSM) rose 5% to $64.70.
- Arista Networks Inc (NYSE:ANET) shares gained 5% to $326.78 after Morgan Stanley maintained an Overweight rating and raised its price target from $300 to $325.
- NVIDIA Corp (NASDAQ:NVDA) gained 3.1% to $129.06 on continued momentum. The stock recently underwent a stock split.
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