U.S. stocks were higher, with the Dow Jones gaining over 300 points on Tuesday.
Shares of Valmont Industries Inc (NYSE:VMI) rose sharply as the company upbeat first-quarter results and raised FY2026 GAAP EPS guidance.
Valmont Industries reported quarterly earnings of $5.51 per share which beat the analyst consensus estimate of $4.67 per share. The company reported quarterly sales of $1.029 billion which beat the analyst consensus estimate of $995.284 million.
Valmont Industries shares jumped 11% to $455.04 on Tuesday.
Here are some other big stocks recording gains in today’s session.
- POET Technologies Inc (NASDAQ:POET) shares jumped 23.2% to $10.58.
- Navitas Semiconductor Corp (NASDAQ:NVTS) gained 18.4% to $15.63.
- Groupon Inc (NASDAQ:GRPN) shares jumped 16.9% to $17.48. Traders on social media are circulating the stock has a high short interest.
- BRBI BR Partners S A (NASDAQ:BRBI) gained 15.3% to $16.51.
- Avis Budget Group Inc (NASDAQ:CAR) surged 13.7% to $692.71.
- Solid Power Inc (NASDAQ:SLDP) jumped 13.6% to $3.86.
- York Space Systems Inc (NYSE:YSS) gained 12.1% to $43.11.
- Maxlinear Inc (NASDAQ:MXL) gained 12.1% to $35.54.
- AEVEX Corp (NYSE:AVEX) shares rose 11.9% to $37.51 after the company recently debuted on the NYSE.
- UnitedHealth Group Inc (NYSE:UNH) gained 10.1% to $356.00 after the company reported better-than-expected first-quarter financial results and issued FY26 EPS guidance above estimates.
- Lucid Group Inc (NASDAQ:LCID) rose 9.3% to $7.37 after Uber disclosed a 11.52% stake in the company.
- D.R. Horton Inc (NYSE:DHI) gained 7.7% to $165.12 following upbeat quarterly earnings.
- Quest Diagnostics Inc (NYSE:DGX) surged 6.4% to $209.00 following upbeat quarterly earnings.
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