U.S. stocks were mixed, with the Dow Jones index falling over 100 points on Tuesday.
Shares of Carmax Inc (NYSE:KMX) rose sharply after the company reported better-than-expected second-quarter financial results.
CarMax reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $0.73 per share. The company reported quarterly sales of $7.878 billion which beat the analyst consensus estimate of $6.976 billion.
Carmax shares jumped 9.7% to $62.02 on Tuesday.
Here are some other big stocks recording gains in today’s session.
- Iovance Biotherapeutics Inc (NASDAQ:IOVA) shares jumped 26.7% to $13.93 after the company raised its FY26 revenue guidance.
- ITG Inc (NASDAQ:ITG) gained 16.5% to $8.23.
- Carnival Corporation Ltd (NYSE:CCL) rose 12.5% to $24.92 as the company reported better-than-expected third-quarter financial results and raised its FY26 adjusted EPS guidance above estimates.
- Bloom Energy Corp (NYSE:BE) gained 12.3% to $295.16. Jefferies analyst Julien Dumoulin-Smith maintained Bloom Energy with a Hold and raised the price target from $229 to $264.
- Perella Weinberg Partners (NASDAQ:PWP) gained 11.6% to $16.35 following a report suggesting that investment bank Piper Sandler has been in talks to combine with the advisory firm.
- Armada Acquisition Corp II (NASDAQ:XRPN) rose 11.5% to $11.80.
- AXT Inc (NASDAQ:AXTI) jumped 9.3% to $80.54.
- ASP Isotopes Inc (NASDAQ:ASPI) gained 8.3% to $2.82.
- Warby Parker Inc (NYSE:WRBY) climbed 8.2% to $26.67.
- STAAR Surgical Co (NASDAQ:STAA) gained 7.6% to $22.46 after Stifel upgraded the stock from Hold to Buy and raised its price target from $28 to $31.
- Primoris Services Corp (NYSE:PRIM) rose 6.8% to $75.98. Cantor Fitzgerald analyst Manish A. Somaiya reiterated Primoris Services with a Neutral and maintained a $105 price target.
- Royal Caribbean Cruises Ltd (NYSE:RCL) gained 6.6% to $258.60. Shares of cruise companies traded higher amid sympathy with Carnival after that company reported better-than-expected quarterly financial results and raised its FY26 adjusted EPS guidance above estimates.
- Argan Inc (NYSE:AGX) gained 6.5% to $378.39. JP Morgan analyst Michael Fairbanks maintained the stock with an Overweight rating and cut the price target from $800 to $785.
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