Lamb Weston, SP Plus And Other Big Stocks Moving Higher On Thursday
Portfolio Pulse from Lisa Levin
Despite a general downturn in the U.S. stock market, several stocks recorded gains. Orchard Therapeutics surged 97.7% after agreeing to be acquired by Kyowa Kirin. SP Plus Corporation jumped 47.5% following the announcement of its acquisition by Metropolis Technologies. Euronav NV climbed 17.3% amid discussions with Frontline and CMB NV. Lamb Weston Holdings gained 12.2% after reporting better-than-expected Q1 results. VEON Ltd. rose 9.6% after its Beeline Uzbekistan opened the Beeline Academy. Other stocks that gained include Immunovant, TransAlta Corporation, Dada Nexus Limited, Live Oak Bancshares, United Natural Foods, and Ur-Energy Inc.
October 05, 2023 | 2:09 pm
News sentiment analysis
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POSITIVE IMPACT
Dada Nexus Limited gained 5.8% to $4.2350.
Dada Nexus Limited's stock price has gained 5.8%.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Euronav NV climbed amid discussions with Frontline and CMB NV.
The ongoing discussions with Frontline and CMB NV have led to a climb in Euronav NV's stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Immunovant gained 7.1% to $36.43.
Immunovant's stock price has gained 7.1%.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Live Oak Bancshares surged after JP Morgan upgraded it from Neutral to Overweight.
The upgrade from JP Morgan has led to a surge in Live Oak Bancshares' stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Lamb Weston Holdings gained after reporting better-than-expected Q1 results.
The better-than-expected Q1 results have led to a gain in Lamb Weston Holdings' stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Orchard Therapeutics surged after agreeing to be acquired by Kyowa Kirin.
The acquisition agreement with Kyowa Kirin has led to a significant surge in Orchard Therapeutics' stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
SP Plus Corporation jumped after Metropolis Technologies announced its acquisition.
The announcement of the acquisition by Metropolis Technologies has led to a significant jump in SP Plus Corporation's stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
TransAlta Corporation rose 6.1% to $8.54.
TransAlta Corporation's stock price has risen 6.1%.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
United Natural Foods gained 5.4% to $13.80.
United Natural Foods' stock price has gained 5.4%.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Ur-Energy Inc. gained 5.3% to $1.4637.
Ur-Energy Inc.'s stock price has gained 5.3%.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
VEON Ltd. rose after its Beeline Uzbekistan opened the Beeline Academy.
The opening of the Beeline Academy by Beeline Uzbekistan has led to a rise in VEON Ltd.'s stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100