Skechers, Chart Industries, Roku, Beazer Homes And Other Big Stocks Moving Higher On Friday
Portfolio Pulse from Lisa Levin
Several US stocks traded higher on Friday, with the Nasdaq Composite gaining around 200 points. Notable gainers include Reata Pharmaceuticals, which rose 53.3% after Biogen agreed to acquire the company, Roku, which gained 20.8% after reporting better-than-expected Q2 results and strong Q3 guidance, and The Boston Beer Company, which surged 18.1% after reporting better-than-expected quarterly results. Other companies that saw significant gains include Business First Bancshares, Huron Consulting Group, TAL Education Group, Costamare, Coursera, Beazer Homes USA, Celestica, SIGA Technologies, Silicon Motion Technology Corporation, UP Fintech Holding Limited, SkyWest, GDS Holdings Limited, Dada Nexus Limited, Cardlytics, AVITA Medical, T. Rowe Price Group, Opendoor Technologies, Meritage Homes Corporation, Skechers U.S.A., Chart Industries, DISH Network Corporation, Upstart Holdings, DexCom, and Intel Corporation.
July 28, 2023 | 2:47 pm
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Reata Pharmaceuticals rose 53.3% after Biogen agreed to acquire the company.
The acquisition by Biogen is a significant event for Reata Pharmaceuticals, leading to a sharp increase in its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Roku gained 20.8% after reporting better-than-expected Q2 results and strong Q3 guidance.
Roku's better-than-expected Q2 results and strong Q3 guidance have positively impacted its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
The Boston Beer Company surged 18.1% after reporting better-than-expected quarterly results.
The Boston Beer Company's stock price surged following its better-than-expected quarterly results.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100