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BlackBerry, Nurix Therapeutics, Tesla And Other Big Stocks Moving Higher On Tuesday

Published 09/04/2024, 15:43
Updated 09/04/2024, 17:11
© Reuters BlackBerry, Nurix Therapeutics, Tesla And Other Big Stocks Moving Higher On Tuesday

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

U.S. stocks were lower, with the Dow Jones index falling over 200 points on Tuesday.

Shares of BlackBerry Limited (NYSE: BB) rose sharply during Tuesday’s session.

The company announced a collaboration with Advanced Micro Devices, Inc. (NASDAQ: AMD), designed to revolutionize next-generation robotic systems by enabling new levels of low latency and jitter, as well as repeatable determinism.

BlackBerry shares jumped 9% to $3.1340 on Tuesday.

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

  • Nurix Therapeutics, Inc. (NASDAQ: NRIX) jumped 19% to $16.42. Nurix Therapeutics announced extension of strategic collaboration with Sanofi to develop novel targeted protein degraders of STAT6.
  • Taysha Gene Therapies, Inc. (NASDAQ: TSHA) shares climbed 14% to $3.0650 after Piper Sandler initiated coverage on the stock with an Overweight rating and a price target of $9.
  • Lyell Immunopharma, Inc. (NASDAQ: LYEL) gained 10.5% to $2.42.
  • Wheels Up Experience Inc. (NYSE: UP) climbed 10.3% to $3.00.
  • XPeng Inc. (NYSE: XPEV) climbed 8.7% to $8.02.
  • Revance Therapeutics, Inc. (NASDAQ: RVNC) gained 8.6% to $4.8350.
  • Moderna, Inc. (NASDAQ: MRNA) gained 8.3% to $113.81.
  • NIO Inc. (NYSE: NIO) shares rose 7.7% to $4.7050. NIO filed its 2023 annual report on Form 20-F.
  • Absci Corporation (NASDAQ: ABSI) gained 7.4% to $6.06.
  • Hudbay Minerals Inc. (NYSE: HBM) climbed 7.2% to $8.01 after B of A Securities upgraded the stock from Neutral to Buy.
  • Coeur Mining, Inc. (NYSE: CDE) rose 7% to $5.06. Roth MKM analyst Joe Reagor initiated coverage on Coeur Mining with a Buy rating and announced a price target of $5.4.
  • Bilibili Inc. (NASDAQ: BILI) gained 5.6% to $11.70.
  • Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) gained 5.5% to $8.30.
  • Tesla, Inc. (NASDAQ: TSLA) shares rose 2.3% to $176.93. Goldman Sachs analyst Mark Delaney maintained Tesla with a Neutral and lowered the price target from $190 to $175, while Morgan Stanley analyst Adam Jonas maintained the stock with an Overweight and maintained a $310 price target.
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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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