Applied Therapeutics, PowerFleet, VF Corp, Victoria's Secret And Other Big Stocks Moving Higher On Wednesday

Author: Avi Kapoor | September 18, 2024 09:57am

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.