U.S. stocks traded higher, with the Dow Joned gaining around 100 points on Tuesday. Here are some big stocks recording gains in today’s session.
- American Equity Investment Life Holding Company (NYSE:AEL) shares rose 17.6% to $53.02 after the company announced it has received a $55 per share acquisition proposal from Brookfield Reinsurance.
- Astrotech Corporation (NASDAQ:ASTC) climbed 13.5% to $12.95. Astrotech 13D filing showed BML Investment Partners, L.P. increased stake in the company to 13%.
- Enovix Corporation (NASDAQ:ENVX) rose 12.1% to $14.71 after the company announced it received a purchase order to produce battery cells for the U.S. Army.
- WeWork Inc. (NYSE:WE) jumped 11.1% to $0.2601.
- Global Blue Group Holding AG (NYSE:GB) gained 10.1% to $4.46.
- Edgewise Therapeutics, Inc. (NASDAQ:EWTX) climbed 9.9% to $7.54 as the company released 12-month topline results from the ARCH study, an open-label, single-center study assessing EDG-5506 in adults with Becker Muscular Dystrophy (BMD).
- Ispire Technology Inc. (NASDAQ:ISPR) gained 9.6% to $8.52 after the company announced it raised roughly $8 million in a private placement of common stock.
- Hut 8 Mining Corp. (NYSE:HUT) rose 9.1% to $2.90.
- Unity Software Inc. (NYSE:U) rose 9.2% to $40.10 after the company announced a new AI marketplace and Wells Fargo initiated coverage on the stock with an Overweight rating and $48 price target.
- Marathon Digital Holdings, Inc. (NASDAQ:MARA) gained 8.9% to $12.84.
- Aurora Innovation, Inc. (NASDAQ:AUR) climbed 8.6% to $2.39.
- Origin Materials, Inc. (NASDAQ:ORGN) rose 8.3% to $4.46.
- CIRCOR International, Inc. (NYSE:CIR) rose 8.2% to $51.85 after the company announced it accepted a proposal from KKR to increase the price of its previously announced definitive merger agreement from $49 to $51 per common share in cash.
- Stratasys Ltd. (NASDAQ:SSYS) gained 7.8% to $17.50. Nano Dimension increased special tender offer price for Stratasys shares to $20.05/share in cash and extended offer period to July 24.
- Hawaiian Holdings, Inc. (NASDAQ:HA) surged 7.6% to $9.26.
- NIO Inc. (NYSE:NIO) rose 6.2% to $8.92. Shares of Chinese stocks traded higher after Chinese premier Li Qiang said the country is still on track to reach its 5% annual growth target.
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