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Wave Life Sciences, Nio, Li Auto, Tesla And Other Big Stocks Moving Higher On Tuesday

Benzinga ·  Sep 24 21:59

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

Shares of Wave Life Sciences Ltd. (NASDAQ:WVE) rose sharply during Tuesday's session after the company announced interim data from its ongoing Phase 2 FORWARD-53 study of WVE-N531 for Duchenne muscular dystrophy.

Wave Life Sciences shares surged 37.9% to $7.36 on Tuesday.

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

  • Liberty Broadband Corporation (NASDAQ:LBRDA) gained 23.8% to $74.06 after the company announced that it submitted a counterproposal to charter for the proposed business combination.
  • Kanzhun Limited (NASDAQ:BZ) gained 15% to $14.64. Shares of US-listed Chinese companies traded higher after China Central Bank announced a new stimulus package.
  • Bilibili Inc. (NASDAQ:BILI) surged 12.7% to $17.94.
  • Tencent Music Entertainment Group (NASDAQ:TME) gained 12.2% to $11.43. Shares of US-listed Chinese companies traded higher after China Central Bank announced a new stimulus package.
  • Dada Nexus Limited (NASDAQ:DADA) shares jumped 11.9% to $1.41. Shares of US-listed Chinese companies traded higher after China Central Bank announced a new stimulus package.
  • Ramaco Resources, Inc. (NASDAQ:METC) surged 10% to $11.15.
  • Ivanhoe Electric Inc. (NYSE:IE) gained 10.7% to $8.21.
  • iQIYI, Inc. (NASDAQ:IQ) jumped 10% to $2.35.
  • JD.com, Inc. (NASDAQ:JD) gained 9.2% to $32.49.
  • NIO Inc. (NYSE:NIO) gained 8.6% to $5.78. Shares of US-listed Chinese companies traded higher after China Central Bank announced a new stimulus package.
  • SBC Medical Group Holdings Incorporated (NASDAQ:SBC) rose 8.2% to $6.22. Shares of US-listed Chinese companies traded higher after China Central Bank announced a new stimulus package.
  • Alcoa Corporation (NYSE:AA) gained 7.5% to $36.80.
  • Li Auto Inc. (NASDAQ:LI) climbed 7.5% to $23.86. Shares of US-listed Chinese companies traded higher after China Central Bank announced a new stimulus package.
  • GDS Holdings Limited (NASDAQ:GDS) gained 7% to $21.94.
  • Las Vegas Sands Corp. (NYSE:LVS) shares rose 5.7% to $44.53.
  • Tesla, Inc. (NASDAQ:TSLA) shares gained 2.5% to $256.20. The catalyst that is potentially offering support on Tuesday is data out of China that showed that insured registered for Tesla vehicles remained healthy for the recent reporting week.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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