DigitalOcean, Agios Pharmaceuticals, Kingsoft Cloud And Other Big Stocks Moving Higher On Tuesday

Aktis Oncology, Inc.
Rackspace Technology, Inc.
CRINETICS PHARMACEUTICALS, INC.
Kingsoft Cloud Holdings
DigitalOcean Holdings, Inc.

Aktis Oncology, Inc.

AKTS

0.00

Rackspace Technology, Inc.

RXT

0.00

CRINETICS PHARMACEUTICALS, INC.

CRNX

0.00

Kingsoft Cloud Holdings

KC

0.00

DigitalOcean Holdings, Inc.

DOCN

0.00

U.S. stocks were mixed, with the Nasdaq Composite falling around 1% on Tuesday.

Shares of DigitalOcean Holdings Inc (NYSE:DOCN) rose sharply after the company announced it expects a year-over-year increase in second-quarter revenue growth results.

Also, the company expects to be at or above the top end of the range of its previously provided guidance for EBITDA margin and non-GAAP net income per share.

DigitalOcean shares surged 10.4% to $145.04 on Tuesday.

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

  • Crinetics Pharmaceuticals Inc (NASDAQ:CRNX) shares jumped 98.7% to $83.52 after the company announced it will be acquired by Vertex Pharmaceuticals.
  • Maase Inc (NASDAQ:MAAS) gained 14.4% to $17.46.
  • Agios Pharmaceuticals Inc (NASDAQ:AGIO) gained 13.4% to $42.39 after the company disclosed that the U.S. FDA has accepted its supplemental New Drug Application for mitapivat in sickle cell disease with a Priority Review.
  • Septerna Inc (NASDAQ:SEPN) surged 9.3% to $36.58.
  • Optimum Communications Inc (NYSE:OPTU) rose 8.9% to $1.34.
  • Kingsoft Cloud Holdings Ltd (NASDAQ:KC) gained 7.5% to $9.82. Morgan Stanley analyst Yang Liu initiated coverage on Kingsoft Cloud with an Overweight rating and announced a price target of $15.
  • Alight Inc (NYSE:ALIT) gained 7.1% to $17.90.
  • Aktis Oncology Inc (NASDAQ:AKTS) climbed 6.1% to $28.18.
  • Rackspace Technology, Inc. (NASDAQ:RXT) gained 5.6% to $6.79.
  • PayPay Corp – ADR (NASDAQ:PAYP) rose 5.4% to $15.99.
  • Fiserv Inc (NASDAQ:FISV) gained 4.7% to $54.23 following reports suggesting that the company held talks with U.S. banks to sell its payments infrastructure business.
  • Huron Consulting Group Inc (NASDAQ:HURN) gained 4.6% to $104.62.

Photo via Shutterstock

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.