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Top Movers in the Stock Market Today: NIO, XPeng, MongoDB, and More

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The Dow Jones Industrial Average saw a rise of approximately 200 points today. Several major stocks recorded gains in today’s trading session.

  • Eos Energy Enterprises, Inc.
    EOSE shares surged 29.5% to $4.21 following the announcement of ‘Project AMAZE,’ a $500 million program targeting long-duration energy storage demand.
  • Dell Technologies Inc.
    DELL jumped 22.2% to $73.37 after exceeding second-quarter expectations and increasing its full-year outlook.
  • Elastic N.V.
    ESTC shares climbed 18.5% to $73.37 after surpassing second-quarter expectations and raising its FY24 adjusted EPS guidance.
  • Butterfly Network, Inc.
    BFLY gained 14.2% to $2.02.
  • Nutanix, Inc.
    NTNX shares jumped 14.1% to $35.48 after reporting stronger-than-expected fourth-quarter financial results and announcing a $350 million share repurchase program.
  • A-Mark Precious Metals, Inc.
    AMRK rose 13.7% to $38.82 following strong quarterly results.
  • Shengfeng Development Limited
    SFWL gained 13.4% to $6.86.
  • Lufax Holding Ltd
    LU jumped 12% to $1.35. Chinese stocks also traded higher following stimulus measures that reduced the minimum down payment on mortgages.
  • UP Fintech Holding Limited
    TIGR gained 11.6% to $5.48.
  • Samsara Inc.
    IOT climbed 10.6% to $30.28. Samsara reported second-quarter revenue growth of 43% YoY to $219.3 million, surpassing the consensus estimate of $207.49 million.
  • The Lovesac Company
    LOVE rose 9.7% to $25.14. Lovesac expects preliminary net sales of $154 million for the second quarter.
  • TAL Education Group
    TAL climbed 9.2% to $7.70. Chinese stocks also traded higher following stimulus measures that reduced the minimum down payment on mortgages.
  • Full Truck Alliance Co. Ltd.
    YMM gained 8.8% to $7.28.
  • XPeng Inc.
    XPEV climbed 8.4% to $19.28 after reporting a 43% YoY increase in August deliveries.
  • NIO Inc.
    NIO rose 8% to $11.09. NIO delivered 19,329 vehicles in August 2023, an 81% YoY increase.
  • Weibo Corporation
    WB gained 6.9% to $13.79.
  • Oceaneering International, Inc.
    OII jumped 6.1% to $24.19.
  • MongoDB, Inc.
    MDB gained 5.4% to $401.78 after exceeding second-quarter financial expectations and issuing FY24 adjusted EPS and sales guidance above estimates.

Read More: Dow Jumps Over 200 Points; US Economy Adds 187,000 Jobs In August

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