U.S. stocks were mixed, with the Nasdaq Composite gaining more than 100 points on Wednesday.
Shares of Vishay Intertechnology Inc (NYSE:VSH) rose sharply after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance above estimates.
Vishay Intertechnology reported quarterly earnings of 5 cents per share which beat the analyst consensus estimate of 3 cents per share. The company reported quarterly sales of $839.242 million which beat the analyst consensus estimate of $822.815 million.
Vishay Intertechnology shares jumped 10% to $36.99 on Wednesday.
Here are some other big stocks recording gains in today’s session.
-
Velo3D Inc (NASDAQ:VELO) shares jumped 35.5% to $19.05 after the company reported better-than-expected first-quarter financial results.
-
VNET Group Inc – ADR (NASDAQ:VNET) gained 32.5% to $11.95 after the company announced that PJ Millennium I Limited and PJ Millennium II entered into a share purchase agreement to purchase from the Sellers in aggregate up to 650,424,192 Class A ordinary shares at $1.4486 per share.
-
C4 Therapeutics, Inc (NASDAQ:CCCC) gained 19.4% to $3.78 following upbeat quarterly results.
-
Kingsoft Cloud Holdings Ltd (NASDAQ:KC) surged 18.6% to $18.16.
-
Tower Semiconductor Ltd (NASDAQ:TSEM) rose 17.5% to $259.61 after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance with its midpoint above estimates. Also, the company announced it signed a silicon photonics contract for $1.3 billion.
-
Nebius Group NV (NASDAQ:NBIS) gained 16.6% to $208.59 after the company reported first-quarter financial results and raised its contracted power guidance.
-
Sellas Life Sciences Group Inc (NASDAQ:SLS) gained 15.5% to $6.03 after the company reported better-than-expected quarterly EPS results.
-
Eos Energy Enterprises Inc (NASDAQ:EOSE) surged 14.6% to $9.28 after the company reported better-than-expected quarterly EPS results.
-
Nextpower Inc (NASDAQ:NXT) gained 14.4% to $143.43 after the company reported better-than-expected fourth-quarter financial results and raised its FY27 sales guidance. The company announced it will acquire assets of Zigor Corporation’s power conversion business and its U.S.-based subsidiary, Apex Power.
-
Intuitive Machines Inc (NASDAQ:LUNR) gained 13.4% to $36.38.
-
Tower Semiconductor Ltd (NASDAQ:TSEM) jumped 13.4% to $250.50 after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance with its midpoint above estimates. Also, the company announced it signed a silicon photonics contract for $1.3 billion.
-
Zepp Health Corp – ADR (NYSE:ZEPP) jumped 12.1% to $10.80.
-
ON Semiconductor Corp (NASDAQ:ON) rose 11.4% to $115.94. Cantor Fitzgerald analyst Matthew Prisco maintained ON Semiconductor with a Neutral and raised the price target from $95 to $100.
-
Sensata Technologies Holding PLC (NYSE:ST) gained 10.5% to $49.03 after Truist Securities upgraded the stock from Hold to Buy and raised its price target from $43 to $58.
-
JD.Com Inc (NASDAQ:JD) gained 7.9% to $34.00. JD.com, on Tuesday, reported better-than-expected quarterly financial results.
-
Plug Power Inc (NASDAQ:PLUG) surged 7.3% to $3.82 after Susquehanna maintained its Neutral rating on the stock and raised its price target from $2.75 to $3.75.
-
Navitas Semiconductor Corp (NASDAQ:NVTS) rose 7.2% to $20.63.
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: finance.yahoo.com
