U.S. stocks traded lower, with the Dow Jones dropping over 250 points on Wednesday. Here are some big stocks recording gains in today's session.
- SunCar Technology Group Inc. (NASDAQ:SDA) shares gained 51.5% to $29.53.
- LL Flooring Holdings, Inc. (NYSE:LL) shares rose 18.8% to $4.92. LL Flooring confirmed the receipt of $5.76 per share unsolicited, non-binding proposal from Cabinets To Go, a subsidiary of F9 Brands.
- Nano-X Imaging Ltd. (NASDAQ:NNOX) gained 12.7% to $19.23.
- Chindata Group Holdings Limited (NASDAQ:CD) surged 11.1% to $5.59 after reporting first-quarter results.
- Lyell Immunopharma, Inc. (NASDAQ:LYEL) shares gained 10.8% to $3.0595.
- Palomar Holdings, Inc. (NASDAQ:PLMR) climbed 10.6% to $52.30 as the company announced successful completion of June 1 reinsurance renewal and raised full year 2023 adjusted net income guidance.
- Centerra Gold Inc. (NYSE:CGAU) rose 10.3% to $6.03.
- SoFi Technologies, Inc. (NASDAQ:SOFI) surged 10% to $6.64 following a tentative debt limit agreement, which would reinstate student loan payments.
- Noah Holdings Limited (NYSE:NOAH) shares rose 8.9% to $15.98 following strong first-quarter sales.
- Zai Lab Limited (NASDAQ:ZLAB) gained 8.1% to $33.26.
- Oculis Holding AG (NASDAQ:OCS) rose 7.3% to $11.86. Oculis, on Tuesday, announced launch of proposed follow-on public offering of 5 million ordinary shares.
- Intel Corporation (NASDAQ:INTC) gained 6% to $31.76 amid the company's presentation at TD Cowen's 51st Annual Technology, Media & Telecom Conference.
- Twilio Inc. (NYSE:TWLO) surged 6% to $66.41 following a report suggesting Legion Partners has met with the company's board and management, urging the company to make changes to the board and consider divestitures.
- Five9, Inc. (NASDAQ:FIVN) gained 5.5% to $64.22. Mizuho initiated coverage on Five9 with a Buy rating and announced a price target of $100.
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