I'm LongbridgeAI, I can summarize articles.U.S. stocks rose, led by On Holding's 13% surge following strong guidance and a $1B buyback. Viking Therapeutics jumped 35.6% on trial results, while Shopify gained 8.6% due to AI collaboration news with Meta. Other gainers included Maze Therapeutics, Butterfly Network, and Vicor Corp.
U.S. stocks were higher, with the Nasdaq Composite gaining over 1% on Monday.
Shares of On Holding AG (NYSE:ONON) rose sharply after the company affirmed its FY26 sales guidance above estimates and issued third-quarter sales guidance above estimates.
On Holding also announced a $1 billion stock buyback program.
On Holding shares jumped 13% to $30.88 on Tuesday.
Here are some other big stocks recording gains in today’s session.
- Viking Therapeutics Inc (NASDAQ:VKTX) shares jumped 35.6% to $40.84 after the company announced top-line results from the maintenance study of VK2735.
- Maze Therapeutics Inc (NASDAQ:MAZE) gained 24.8% to $27.94.
- Butterfly Network Inc (NYSE:BFLY) surged 15.6% to $9.42 after Needham initiated coverage on the stock with a Buy rating and announced a $10 price target.
- Vicor Corp (NASDAQ:VICR) rose 12.8% to $252.57 after the company raised guidance for the third quarter.
- Capri Holdings Ltd (NYSE:CPRI) surged 11.7% to $15.98.
- Fossil Group Inc (NASDAQ:FOSL) surged 10% to $6.45.
- Bandwidth Inc (NASDAQ:BAND) gained 9.6% to $59.54.
- Omeros Corp (NASDAQ:OMER) gained 9.4% to $20.22 after Cantor Fitzgerald upgraded the stock from Neutral to Overweight rating and announced a $22 price target.
- Shopify Inc. (NYSE:SHOP) surged 8.6% to $149.91 after the company and Meta announced that more collaborations on AI-integrated shopping are in development.
- Celanese Corp (NYSE:CE) rose 8.5% to $48.15.
- Gloo Holdings Inc (NASDAQ:GLOO) gained 7.8% to $5.21.
- Grab Holdings Ltd (NASDAQ:GRAB) rose 7% to $3.12 after Chairman Tan reported a purchase of 10,350,000 shares at an average price of $2.89 per share.
- Caleres Inc (NYSE:CAL) gained 6.3% to $12.66.
- Goodyear Tire & Rubber Co (NASDAQ:GT) rose 6.3% to $5.34.
- SanDisk Corp (NASDAQ:SNDK) gained 6.2% to $1,876.90 after Rosenblatt initiated coverage on the stock with a Buy rating and announced a $2400 price target.
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