Planet Labs, Core & Main And Some Other Big Stocks Moving Higher On Tuesday

Author: Lisa Levin | September 13, 2022 11:30am

U.S. stocks traded lower, with the Dow Jones tumbling more than 800 points on Tuesday. Here are some big stocks recording gains in today’s session.

• NeuroBo Pharmaceuticals, Inc. (NASDAQ:NRBO) surged 186% to $47.69 as the stock started trading on a 1-for-30 reverse split basis.
• Akero Therapeutics, Inc. (NASDAQ:AKRO) shares gained 111% to $25.88 after the company's Phase 2b HARMONY study met its primary endpoint for both the 50mg and 28mg EFX dose groups.
• VNET Group, Inc. (NASDAQ:VNET) jumped 30.7% to $6.13 after the company announced the receipt of a preliminary non-binding proposal to acquire all of its shares and formation of a special committee to review the proposal.
• Planet Labs PBC (NYSE:PL) rose 15.1% to $6.24 after the company reported better-than-expected Q2 results and raised guidance.
• Catalyst Pharmaceuticals, Inc. (NASDAQ:CPRX) gained 13.3% to $17.16. S&P Dow Jones Indices said Catalyst Pharmaceuticals will replace Mantech International Corp. in S&P Smallcap 600 on September 15.
• Aehr Test Systems (NASDAQ:AEHR) rose 11.4% to $15.70 after the company received a wafer level burn-in system order.
• Celularity Inc. (NASDAQ:CELU) rose 11.3% to $2.6050.
• Entrada Therapeutics, Inc. (NASDAQ:TRDA) jumped 8.3% to $12.90. Entrada Therapeutics, last month, posted a Q2 loss of $0.74 per share.
• LSB Industries, Inc. (NYSE:LXU) gained 6.9% to $17.13. Piper Sandler initiated coverage on LSB Industries with an Overweight rating and announced a price target of $26.
• Concert Pharmaceuticals, Inc. (NASDAQ:CNCE) jumped 5.9% to $6.98. Truist Securities maintained Concert Pharma with a Buy and raised the price target from $22 to $25.
• Li Auto Inc. (NASDAQ:LI) gained 4.2% to $27.14.
• Core & Main, Inc. (NYSE:CNM) rose 3.7% to $25.40 following upbeat Q2 results.

Posted In: AEHR AKRO CELU CNCE CNM CPRX LI LXU NRBO PL TRDA VNET