Sign up
Log in
Archer Aviation Posts Narrower-Than-Expected Loss, Joins Microvast, Intuitive Machines And Other Big Stocks Moving Higher On Tuesday
Share
Listen to the news

U.S. stocks were lower, with the Dow Jones index falling around 100 points on Tuesday.

Shares of Archer Aviation Inc. (NASDAQ:ACHR) rose sharply during Tuesday's session after the company reported better-than-expected first-quarter EPS results.

Archer reported a smaller-than-expected loss for the first quarter, posting a 17-cent loss versus estimates for a loss of 28 cents, per Benzinga Pro.

Archer Aviation shares jumped 21.5% to $11.05 on Tuesday.

Here are some other big stocks recording gains in today’s session.

  • Microvast Holdings, Inc. (NASDAQ:MVST) shares jumped 27% to $3.0350 after the company reported better-than-expected first-quarter sales results.
  • Intuitive Machines, Inc. (NASDAQ:LUNR) gained 26.8% to $12.05 after the company issued FY25 sales guidance with its midpoint above estimates.
  • Array Technologies, Inc. (NASDAQ:ARRY) rose 23.1% to $8.42.
  • Archer Aviation Inc. (NASDAQ:ACHR) gained 21.5% to $11.05 after the company reported better-than-expected first-quarter EPS results.
  • First Solar, Inc. (NASDAQ:FSLR) rose 19.4% to $186.60. Wolfe Research analyst Steve Fleishman upgraded First Solar from Peer Perform to Outperform and announced a $221 price target.
  • Hallador Energy Company (NASDAQ:HNRG) rose 18% to $17.92 following first-quarter results.
  • Shoals Technologies Group, Inc. (NASDAQ:SHLS) gained 17.3% to $6.29 following first-quarter results.
  • Sunrun Inc. (NASDAQ:RUN) gained 17% to $12.82.
  • NuScale Power Corporation (NYSE:SMR) gained 17% to $20.82 following better-than-expected quarterly sales.
  • Coinbase Global, Inc. (NASDAQ:COIN) rose 17% to $242.63 after it was announced that the company will join the S&P 500, effective before the opening of trading on Monday, May 19.
  • Life360, Inc. (NASDAQ:LIF) gained 16.4% to $57.61 following upbeat quarterly results.
  • Green Plains Inc. (NASDAQ:GPRE) rose 14.4% to $5.32.
  • Super Micro Computer, Inc. (NASDAQ:SMCI) rose 12.1% to $37.58. Raymond James analyst Simon Leopold initiated coverage on Super Micro Computer with an Outperform rating and announced a price target of $41.
  • Nextracker Inc. (NASDAQ:NXT) gained 11.6% to $56.51.
  • Oklo Inc. (NYSE:OKLO) rose 10% to $31.73.
  • Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) rose 8.6% to $15.17 after the company reported better-than-expected quarterly financial results.
  • Sea Limited (NYSE:SE) gained 8% to $153.75 after the company reported better-than-expected first-quarter EPS results.

Now Read This:

Photo via Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.