Orchestra BioMed, Vital Farms And Other Big Stocks Moving Higher On Tuesday
Portfolio Pulse from Lisa Levin
Several US stocks recorded gains in Tuesday's trading session. Orchestra BioMed Holdings, Inc. (NASDAQ:OBIO) jumped 24.4% after the FDA granted an investigational device exemption for a study. Rackspace Technology, Inc. (NASDAQ:RXT) rose 20.2% following an upgrade from Raymond James. Eos Energy Enterprises, Inc. (NASDAQ:EOSE), Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD), Conduent Incorporated (NASDAQ:CNDT), Stem, Inc. (NYSE:STEM), Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPB), Aspen Aerogels, Inc. (NYSE:ASPN), Waldencast plc (NASDAQ:WALD), Methanex Corporation (NASDAQ:MEOH), Lumen Technologies, Inc. (NYSE:LUMN), The Children's Place, Inc. (NASDAQ:PLCE), Array Technologies, Inc. (NASDAQ:ARRY), Semtech Corporation (NASDAQ:SMTC), Honda Motor Co., Ltd. (NYSE:HMC), and Vital Farms, Inc. (NASDAQ:VITL) also saw significant gains.
September 19, 2023 | 2:43 pm
News sentiment analysis
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POSITIVE IMPACT
Array Technologies, Inc. gained 5.5%.
The article does not provide specific reasons for Array Technologies' stock gain, but the significant increase suggests positive market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Aspen Aerogels, Inc. jumped 7.6%.
The article does not provide specific reasons for Aspen Aerogels' stock gain, but the significant increase suggests positive market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Conduent Incorporated rose 9.4% after announcing a definitive agreement to transfer BenefitWallet's Health Savings Account portfolio to HealthEquity.
The announcement of a definitive agreement to transfer BenefitWallet's Health Savings Account portfolio to HealthEquity is a positive development for Conduent, which likely contributed to the stock's gain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Eos Energy Enterprises, Inc. gained 16.6%.
The article does not provide specific reasons for Eos Energy Enterprises' stock gain, but the significant increase suggests positive market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Honda Motor Co., Ltd. gained 4%.
The article does not provide specific reasons for Honda Motor's stock gain, but the significant increase suggests positive market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Ironwood Pharmaceuticals, Inc. surged 10%.
The article does not provide specific reasons for Ironwood Pharmaceuticals' stock gain, but the significant increase suggests positive market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Liberty TripAdvisor Holdings, Inc. rose 8%.
The article does not provide specific reasons for Liberty TripAdvisor Holdings' stock gain, but the significant increase suggests positive market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Lumen Technologies, Inc. rose 6.5%.
The article does not provide specific reasons for Lumen Technologies' stock gain, but the significant increase suggests positive market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Methanex Corporation jumped 6.6% after Raymond James upgraded the stock and raised the price target.
Raymond James' upgrade of Methanex's stock and increase in the price target are positive developments for the company, which likely contributed to the stock's gain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Orchestra BioMed Holdings, Inc. jumped 24.4% after the FDA granted an investigational device exemption for a study.
The FDA's approval of an investigational device exemption for Orchestra BioMed's study is a positive development for the company, which likely contributed to the stock's significant gain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The Children's Place, Inc. surged 6%.
The article does not provide specific reasons for The Children's Place's stock gain, but the significant increase suggests positive market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Rackspace Technology, Inc. rose 20.2% following an upgrade from Raymond James.
Raymond James' upgrade of Rackspace Technology's stock from Market Perform to Outperform likely contributed to the stock's significant gain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Semtech Corporation rose 5% after a director acquired a total of 20,000 shares.
The acquisition of a significant number of shares by a Semtech director is a positive development for the company, which likely contributed to the stock's gain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Stem, Inc. climbed 8.6% after expanding its India Center Of Excellence.
Stem's expansion of its India Center Of Excellence is a positive development for the company, which likely contributed to the stock's gain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Vital Farms, Inc. rose 4% after the company updated long-term financial targets.
Vital Farms' update of its long-term financial targets is a positive development for the company, which likely contributed to the stock's gain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Waldencast plc gained 7.3%.
The article does not provide specific reasons for Waldencast's stock gain, but the significant increase suggests positive market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100