Microchip Technology, Tesla, Humacyte And Other Big Stocks Moving Higher On Tuesday

Benzinga · 07/08 14:53
U.S. stocks were mixed, with the Dow Jones index falling over 100 points on Tuesday.
Shares of Microchip Technology Incorporated (NASDAQ:MCHP) rose sharply during Tuesday's session.
Mizuho analyst Vijay Rakesh maintained Microchip Technology with an Outperform rating and raised the price target from $78 to $85.
Microchip Technology shares jumped 4.1% to $74.36 on Tuesday.
Here are some other big stocks recording gains in today’s session.
- Humacyte, Inc. (NASDAQ:HUMA) shares jumped 27.4% to $2.7690. Humacyte announced Symvess has been awarded Electronic Catalog Listing approval from the US Defense Logistics Agency.
- Wolfspeed, Inc. (NYSE:WOLF) rose 18.2% to $2.7300 after nearly doubling on Monday. Wolfspeed shares have soared in recent sessions as investors anticipate a potential turnaround for the company after it filed for Chapter 11 bankruptcy last week.
- SharpLink Gaming, Inc. (NASDAQ:SBET) gained 16.4% to $14.75. SharpLink Gaming announced the acquisition of an additional 7,689 ETH for the week June 28 through July 4, 2025.
- SoundHound AI, Inc. (NASDAQ:SOUN) jumped 16.4% to $13.28.
- Bitmine Immersion Technologies, Inc. (NYSE:BMNR) shares rose 16% to $124.66.
- QuantumScape Corporation (NYSE:QS) climbed 15.2% to $8.07.
- Opendoor Technologies Inc. (NASDAQ:OPEN) gained 14% to $0.7153. Opendoor Technologies will report second quarter 2025 financial results for the period ended June 30, following the close of the market on Tuesday, Aug. 5.
- Regencell Bioscience Holdings Limited (NASDAQ:RGC) surged 13.2% to $20.87.
- Anbio Biotechnology (NASDAQ:NNNN) rose 13% to $44.45.
- Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX) gained 12.8% to $5.57.
- Moderna, Inc. (NASDAQ:MRNA) rose 9.4% to $32.73.
- Shinhan Financial Group Co., Ltd. (NYSE:SHG) gained 8.8% to $50.44.
- Concentrix Corporation (NASDAQ:CNXC) rose 7.7% to $61.05.
- Albemarle Corporation (NYSE:ALB) shares rose 7.6% to $70.47.
- The Goodyear Tire & Rubber Company (NASDAQ:GT) gained 7.3% to $11.69.
- Woori Financial Group Inc. (NYSE:WF) rose 7% to $54.09.
- Intel Corporation (NASDAQ:INTC) rose 5.7% to $23.26.
- Dow Inc. (NYSE:DOW) gained 5.7% to $29.05. Dow announced it will shut down three European plants, which may result in up to $790 million worth of asset write-downs.
- Celanese Corporation (NYSE:CE) rose 4.7% to $60.79. Celanese announced that it will host a conference call to discuss its second quarter results on Tuesday, August 12.
- Tesla, Inc. (NASDAQ:TSLA) gained 3.1% to $303.14. Tesla CEO Elon Musk recently announced plans to launch a new political party. Wedbush analyst Daniel Ives reiterated Tesla with an Outperform rating and maintained a $500 price target, while Mizuho analyst Vijay Rakesh maintained the stock with an Outperform rating and lowered the price target from $390 to $375.
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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.