Duos Technologies Posts Upbeat Q2 Results, Joins Amylyx Pharmaceuticals, Weave Communications And Other Big Stocks Moving Higher On Tuesday

Intuit Inc.
Amylyx Pharmaceuticals, Inc.
Kura Oncology, Inc.
Shift4 Payments
Targa Resources Corp.

Intuit Inc.

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Amylyx Pharmaceuticals, Inc.

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Kura Oncology, Inc.

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Shift4 Payments

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Targa Resources Corp.

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U.S. stocks were lower, with the Nasdaq Composite falling over 300 points on Tuesday.

Shares of Duos Technologies Group Inc (NASDAQ:DUOT) rose sharply as the company reported better-than-expected second-quarter financial results.

Duos Technologies reported quarterly earnings of $1.37 per share which beat the analyst consensus estimate of 66 cents per share. The company reported quarterly sales of $6.175 million which beat the analyst consensus estimate of $4.900 million.

Duos Technologies Group shares jumped 21.5% to $12.48 on Tuesday.

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

  • Amylyx Pharmaceuticals Inc (NASDAQ:AMLX) shares jumped 44.1% to $30.88 after the company announced topline results from LUCIDITY Phase 3 trial met its primary endpoint.
  • Weave Communications Inc (NYSE:WEAV) gained 31.6% to $7.30 after the company announced it will be acquired by Francisco Partners.
  • Haemonetics Corp (NYSE:HAE) surged 15.5% to $104.35 after the company announced it entered into a supply agreement with CSL Plasma.
  • Kura Oncology Inc (NASDAQ:KURA) gained 11.7% to $12.60. Kura Oncology recently reported better-than-expected second-quarter EPS results.
  • Obsidian Therapeutics, Inc. (NASDAQ:OBX) rose 11.2% to $19.50.
  • Unusual Machines Inc (NYSE:UMAC) gained 9.6% to $33.07.
  • Angel Studios Inc (NYSE:ANGX) rose 9.3% to $5.15.
  • Newsmax Inc (NYSE:NMAX) gained 8.5% to $11.24. Newsmax recently reported better-than-expected quarterly financial results.
  • Shift4 Payments Inc (NYSE:FOUR) surged 7.4% to $47.58.
  • Recon Technology Ltd (NASDAQ:RCON) shares jumped 7.3% to $4.81.
  • Targa Resources Corp (NYSE:TRGP) shares rose 6.4% to $295.97 after the company announced new 20-year agreements for gathering, processing and downstream services to support ExxonMobil’s development of its Permian Basin acreage.
  • Duolingo Inc (NASDAQ:DUOL) shares gained 5.4% to $137.15 after DA Davidson upgraded the stock from Neutral to Buy rating and raised its price target on the stock from $130 to $160.
  • Intuit Inc (NASDAQ:INTU) gained 5.5% to $353.95.

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