U.S. stocks were mixed, with the Dow Jones index falling around 0.2% on Wednesday.
Shares of Applied Therapeutics, Inc. (NASDAQ:APLT) rose sharply during Wednesday's session after the FDA communicated that an advisory committee meeting would no longer be required.
Applied Therapeutics shares jumped 72% to $8.00 on Wednesday.
Here are some other big stocks recording gains in today's session.
- Intuitive Machines, Inc. (NASDAQ:LUNR) shares surged 52% to $8.19 after the company announced it was awarded a NASA Near Space Network contract for communication and navigation services, with a maximum potential value of $4.82 billion.
- PowerFleet, Inc. (NASDAQ:AIOT) gained 13% to $5.26 after the company announced it entered into a definitive agreement for the acquisition of Fleet Complete for $200 million.
- Bausch + Lomb Corporation (NYSE:BLCO) surged 7.5% to $19.96.
- Braskem S.A. (NYSE:BAK) gained 7.5% to $7.43. UBS analyst Luiz Carvalho upgraded Braskem from Neutral to Buy and raised the price target from $7.7 to $10.
- i-80 Gold Corp. (NASDAQ:IAUX) jumped 7.5% to $1.15. The company announced the appointment of Richard Young as CEO.
- Terns Pharmaceuticals, Inc. (NASDAQ:TERN) gained 7% to $10.31.
- V.F. Corporation (NYSE:VFC) surged 6.9% to $19.67. Barclays analyst Adrienne Yih upgraded VF from Equal-Weight to Overweight and raised the price target from $19 to $22.
- Gannett Co., Inc. (NYSE:GCI) gained 6.6% to $5.83.
- Gyre Therapeutics, Inc. (NASDAQ:GYRE) surged 6.1% to $14.89.
- Victoria's Secret & Co. (NYSE:VSCO) rose 5.9% to $25.71. Barclays analyst Adrienne Yih upgraded Victoria's Secret from Underweight to Equal-Weight and raised the price target from $23 to $25.
- e.l.f. Beauty, Inc. (NYSE:ELF) gained 4.6% to $117.55.
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