U.S. stocks were lower, with the Dow Jones index falling around 100 points on Thursday.
Shares of Toyota Motor Corporation (NYSE:TM) rose sharply during Thursday's session following a recent report suggesting the company is seeking a 20% return-on-equity target. The stock may also be reacting to the Nissan-Honda merger agreement.
Toyota Motor shares jumped 7.7% to $195.36 on Wednesday.
Here are some other big stocks recording gains in today's session.
- Exodus Movement, Inc. (NYSE:EXOD) shares jumped 43.3% to $61.98.
- SEALSQ Corp (NASDAQ:LAES) shares surged 38% to $7.53. On Thursday, SEALSQ announced the launch of SEALQUANTUM.com Lab, a research hub designed to help businesses transition to quantum-safe encryption.
- KULR Technology Group, Inc. (NASDAQ:KULR) gained 24.6% to $4.2700. On Thursday, KULR Technology Group announced that it has completed the purchase of 217.18 Bitcoin (CRYPTO: BTC) for approximately $21 million, at an average price of $96,556.53 per BTC.
- Gevo, Inc. (NASDAQ:GEVO) rose 23.1% to $1.86.
- Rumble Inc. (NASDAQ:RUM) gained 23.1% to $15.61.
- POET Technologies Inc. (NASDAQ:POET) jumped 19.8% to $6.90. POET Technologies recently announced a manufacturing agreement with Globetronics and provided an update on its joint venture with Super Photonics Xiamen.
- Red Cat Holdings, Inc. (NASDAQ:RCAT) gained 17.7% to $14.00.
- Rigetti Computing, Inc. (NASDAQ:RGTI) jumped 14.5% to $13.06.
- D-Wave Quantum Inc. (NASDAQ:QBTS) rose 9.2% to $8.68.
- Kingsoft Cloud Holdings Limited (NASDAQ:KC) gained 8.4% to $9.66.
- Peloton Interactive, Inc. (NASDAQ:PTON) rose 5.7% to $9.90.
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