XPeng Posts Strong Results, Joins Larimar Therapeutics, Transcat And Other Big Stocks Moving Higher On Tuesday

5/21/24 10:38:35 AM ET

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U.S. stocks were mostly higher, with the Dow Jones index gaining around 50 points on Tuesday.

Shares of XPeng Inc. (NYSE:XPEV) rose sharply during Tuesday's session after the company reported better-than-expected first-quarter results and issued second-quarter guidance.

XPeng reported fiscal first-quarter sales growth of 62.3% year-on-year, to 6.55 billion Chinese Yuan ($0.91 billion), beating the analyst consensus estimate of 6.17 billion Chinese Yuan ($0.87 billion). Total revenues declined 49.8% sequentially. Adjusted net loss per ADS of $0.21 beat the analyst consensus loss estimate of $0.27, according to data from Benzinga Pro.

XPeng shares jumped 10% to $9.12 on Tuesday.

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

Waldencast plc (NASDAQ:WALD) shares climbed 15% to $5.00 following first-quarter results.
Larimar Therapeutics, Inc.. (NASDAQ:LRMR) gained 12.3% to $8.16 after the company announced that the FDA removed the partial clinical hold previously placed on the nomlabofusp clinical program.
Nukkleus Inc. (NASDAQ:NUKK) surged 11.4% to $1.0299
Transcat, Inc. (NASDAQ:TRNS) climbed 10.1% to $136.63 following better-than-expected quarterly earnings.
Bloom Energy Corporation (NYSE:BE) gained 9.7% to $14.18.
Tandem Diabetes Care, Inc. (NASDAQ:TNDM) climbed 8.6% to $51.28.
Mesoblast Limited (NASDAQ:MESO) gained 8.1% to $7.90.
Iris Energy Limited (NASDAQ:IREN) rose 8% to $6.87.
Nikola Corporation (NASDAQ:NKLA) climbed 6.2% to $0.56. The company announced that AiLO Logistics, a significant drayage carrier operating in the Ports of Los Angeles and Long Beach, has placed a 100-truck order of Nikola hydrogen fuel cell electric vehicles from Tom's Truck Centers, a member of the Nikola sales and service dealer network..
Lotus Technology Inc. (NASDAQ:LOT) gained 6.1% to $9.06.
Dollar General Corporation (NYSE:DG) rose 4.4% to $143.88

Now Read This: Top 5 Health Care Stocks Which Could Rescue Your Portfolio This Month

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Recent Analyst Ratings for

Company	Date	Price Target	Rating	Analyst
Bloom Energy Corporation $BE	2/24/2026	$162.00	Neutral	Citigroup
Tandem Diabetes Care Inc. $TNDM	2/23/2026	$50.00	Hold → Buy	Lake Street
Tandem Diabetes Care Inc. $TNDM	2/20/2026	$30.00	Underperform → Neutral	BofA Securities
Dollar General Corporation $DG	2/17/2026	$111.00	Neutral → Sell	Rothschild & Co Redburn
Bloom Energy Corporation $BE	2/6/2026	$105.00 → $160.00	Hold	TD Cowen
Bloom Energy Corporation $BE	1/28/2026	$153.00	Equal Weight	Barclays
Bloom Energy Corporation $BE	1/28/2026	$207.00	Buy	China Renaissance
Tandem Diabetes Care Inc. $TNDM	1/27/2026	$25.00	Buy	TD Cowen

More analyst ratings

XPeng Posts Strong Results, Joins Larimar Therapeutics, Transcat And Other Big Stocks Moving Higher On Tuesday

5/21/24 10:38:35 AM ET

Industrial Machinery/Components

Energy

Department/Specialty Retail Stores

Consumer Discretionary

Get the next $BE alert in real time by email

U.S. stocks were mostly higher, with the Dow Jones index gaining around 50 points on Tuesday.

Shares of XPeng Inc. (NYSE:XPEV) rose sharply during Tuesday's session after the company reported better-than-expected first-quarter results and issued second-quarter guidance.

XPeng shares jumped 10% to $9.12 on Tuesday.

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

Waldencast plc (NASDAQ:WALD) shares climbed 15% to $5.00 following first-quarter results.
Larimar Therapeutics, Inc.. (NASDAQ:LRMR) gained 12.3% to $8.16 after the company announced that the FDA removed the partial clinical hold previously placed on the nomlabofusp clinical program.
Nukkleus Inc. (NASDAQ:NUKK) surged 11.4% to $1.0299
Transcat, Inc. (NASDAQ:TRNS) climbed 10.1% to $136.63 following better-than-expected quarterly earnings.
Bloom Energy Corporation (NYSE:BE) gained 9.7% to $14.18.
Tandem Diabetes Care, Inc. (NASDAQ:TNDM) climbed 8.6% to $51.28.
Mesoblast Limited (NASDAQ:MESO) gained 8.1% to $7.90.
Iris Energy Limited (NASDAQ:IREN) rose 8% to $6.87.
Nikola Corporation (NASDAQ:NKLA) climbed 6.2% to $0.56. The company announced that AiLO Logistics, a significant drayage carrier operating in the Ports of Los Angeles and Long Beach, has placed a 100-truck order of Nikola hydrogen fuel cell electric vehicles from Tom's Truck Centers, a member of the Nikola sales and service dealer network..
Lotus Technology Inc. (NASDAQ:LOT) gained 6.1% to $9.06.
Dollar General Corporation (NYSE:DG) rose 4.4% to $143.88

Now Read This: Top 5 Health Care Stocks Which Could Rescue Your Portfolio This Month

Get the next $BE alert in real time by email

Recent Analyst Ratings for

Company	Date	Price Target	Rating	Analyst
Bloom Energy Corporation $BE	2/24/2026	$162.00	Neutral	Citigroup
Tandem Diabetes Care Inc. $TNDM	2/23/2026	$50.00	Hold → Buy	Lake Street
Tandem Diabetes Care Inc. $TNDM	2/20/2026	$30.00	Underperform → Neutral	BofA Securities
Dollar General Corporation $DG	2/17/2026	$111.00	Neutral → Sell	Rothschild & Co Redburn
Bloom Energy Corporation $BE	2/6/2026	$105.00 → $160.00	Hold	TD Cowen
Bloom Energy Corporation $BE	1/28/2026	$153.00	Equal Weight	Barclays
Bloom Energy Corporation $BE	1/28/2026	$207.00	Buy	China Renaissance
Tandem Diabetes Care Inc. $TNDM	1/27/2026	$25.00	Buy	TD Cowen

More analyst ratings

XPeng Posts Strong Results, Joins Larimar Therapeutics, Transcat And Other Big Stocks Moving Higher On Tuesday

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for $BE$DG$IREN$LOT

XPeng Posts Strong Results, Joins Larimar Therapeutics, Transcat And Other Big Stocks Moving Higher On Tuesday

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for $BE$DG$IREN$LOT

$BE$DG$IREN$LOT SEC Filings

Transcat Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

Larimar Therapeutics Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

SEC Form 6-K filed by XPeng Inc.

$BE$DG$IREN$LOT Press Releases

Lotus Tech Launches Pre-Sales for LOTUS For Me in China

Dollar General Unveils "7 Days of Savings" Cleaning Event Deals

Transcat Appoints Jaime Irick as President and Chief Executive Officer

$BE$DG$IREN$LOT Insider Trading

EVP & CHIEF COMMERCIAL OFFICER Novara Mark David sold $46 worth of shares (2 units at $22.81), decreasing direct ownership by 0.01% to 35,969 units (SEC Form 4)

Chairman & CEO Sridhar Kr was granted 300,000 shares, increasing direct ownership by 14% to 2,489,869 units (SEC Form 4)

* Director by Deputization Flynn James E bought $25,000,000 worth of shares (5,000,000 units at $5.00) (SEC Form 4)

$BE$DG$IREN$LOT Analyst Ratings

Citigroup initiated coverage on Bloom Energy with a new price target

Tandem Diabetes Care upgraded by Lake Street with a new price target

Tandem Diabetes Care upgraded by BofA Securities with a new price target

$BE$DG$IREN$LOT Insider Purchases

* Director by Deputization Flynn James E bought $25,000,000 worth of shares (5,000,000 units at $5.00) (SEC Form 4)

Director Hamilton Thomas Edward bought $500,000 worth of shares (100,000 units at $5.00), increasing direct ownership by 18% to 664,798 units (SEC Form 4)

Director Thomas Frank E bought $25,000 worth of shares (5,000 units at $5.00), increasing direct ownership by 250% to 7,000 units (SEC Form 4)

$BE$DG$IREN$LOT FDA approvals

February 28, 2025 - FDA Roundup: February 28, 2025

November 7, 2023 - FDA Roundup: November 7, 2023

$BE$DG$IREN$LOT Leadership Updates

IREN Appoints John Gross as Chief Innovation Officer

LOTUS Appoints Piano Master Lang Lang as Friend of the Brand

Tandem Diabetes Care Announces Appointment of Sandra Beaver to Board of Directors

$BE$DG$IREN$LOT Financials

Transcat Appoints Jaime Irick as President and Chief Executive Officer

XPENG to Report Fourth Quarter and Fiscal Year 2025 Financial Results on Friday, March 20, 2026

Tandem Diabetes Care Announces Fourth Quarter and Full Year 2025 Financial Results and 2026 Financial Guidance

$BE$DG$IREN$LOT Large Ownership Changes

Amendment: SEC Form SC 13G/A filed by Mesoblast Limited

Amendment: SEC Form SC 13G/A filed by Larimar Therapeutics Inc.

Amendment: SEC Form SC 13G/A filed by Tandem Diabetes Care Inc.

Recent Analyst Ratings for
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