Radiant Logistics, Waystar, Forgent Power Solutions And Other Big Stocks Moving Higher On Tuesday
I'm LongbridgeAI, I can summarize articles.U.S. stocks fell, but several companies saw significant gains. Radiant Logistics surged 17.8% after beating Q4 earnings and sales estimates. Waystar rose 8.6% on reports of considering strategic options like a sale. Telix Pharmaceuticals gained 8.5% following FDA approval for its Pixclara drug. Forgent Power Solutions increased 8.4% due to strong Q4 results and guidance. Other gainers included Skyworks, Bandwidth, Indaptus, Qorvo, 10X Genomics, Everpure, Ambarella, Dell, and Dave.
U.S. stocks were lower, with the Dow Jones index falling around 300 points on Tuesday.
Shares of Radiant Logistics Inc (NYSE:RLGT) rose sharply after the company reported better-than-expected fourth-quarter financial results.
Radiant Logistics reported quarterly earnings of 15 cents per share which beat the analyst consensus estimate of 9 cents per share. The company reported quarterly sales of $261.436 million which beat the analyst consensus estimate of $231.300 million.
Radiant Logistics shares jumped 17.8% to $9.68 on Tuesday.
Here are some other big stocks recording gains in today’s session.
- Waystar Holding Corp (NASDAQ:WAY) gained 8.6% to $27.05 following reports suggesting that the company is considering strategic options, including a sale.
- Telix Pharmaceuticals (NASDAQ:TLX) gained 8.5% to $12.79. Telix Pharmaceuticals recently announced the FDA has approved its NDA for Pixclara, an amino acid positron emission tomography drug for imaging gliomas.
- Forgent Power Solutions, Inc (NYSE:FPS) rose 8.4% to $31.06 after the company reported better-than-expected fourth-quarter financial results and issued FY27 guidance above estimates.
- Skyworks Solutions Inc (NASDAQ:SWKS) rose 8.4% to $85.89.
- Bandwidth Inc (NASDAQ:BAND) surged 7.5% to $52.66. Bandwidth and Salesforce expanded collaboration to support the global rollout of Salesforce’s native Contact Center.
- Indaptus Therapeutics Inc (NASDAQ:INDP) rose 7% to $3.36.
- Qorvo Inc (NASDAQ:QRVO) rose 6% to $114.40.
- 10X Genomics Inc (NASDAQ:TXG) surged 5.8% to $74.24.
- Everpure Inc (NYSE:P) rose 5.6% to $99.01.
- Ambarella Inc (NASDAQ:AMBA) gained 4.6% to $66.90.
- Dell Technologies Inc (NYSE:DELL) rose 4.5% to $558.47.
- Dave Inc (NASDAQ:DAVE) rose 4.2% to $381.16.
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