CME Group, Weatherford International, RPM International And Other Big Stocks Moving Higher On Wednesday
Complete. Here is the key summaryU.S. stocks saw mixed performance with the Dow Jones rising 200 points. CME Group surged 6.7% on strong Q2 earnings, while Weatherford International and RPM International gained following positive financial results. Other notable gainers included Super Micro Computer (+21.3%), Arrowhead Pharma (+19.5%), and Everforth (+15%) after an analyst upgrade. Strategic partnerships and upgraded guidance also drove increases for companies like Cerebras Systems and Westinghouse Air Brake.
U.S. stocks were mixed, with the Dow Jones index gaining around 200 points on Wednesday.
Shares of CME Group Inc (NASDAQ:CME) rose sharply following upbeat quarterly earnings.
CME posted second-quarter adjusted EPS of $2.99, beating market estimates of $2.91. The company’s quarterly sales came in at $1.706 billion, topping expectations of $1.685 billion.
CME Group shares surged 6.7% to $253.29 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Super Micro Computer Inc (NASDAQ:SMCI) shares jumped 21.3% to $30.94 after the company reported preliminary fourth-quarter financial results.
- Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) gained 19.5% to $89.11 after the company announced topline results for the global Phase 3 SHASTA-3 and SHASTA-4 clinical studies met their primary and secondary endpoints.
- Phoenix Asia Holdings Ltd (NASDAQ:PHOE) gained 20.3% to $32.00.
- Everforth Inc (NYSE:EFOR) surged 15% to $21.06. Truist Securities analyst Tobey Sommer upgraded Everforth from Hold to Buy and raised the price target from $33 to $36.
- Cerebras Systems Inc (NASDAQ:CBRS) jumped 13.2% to $236.05. CrowdStrike and Cerebras Systems announced a strategic partnership to leverage Cerebras’s inference speed for Falcon AI Detection and Response.
- Cango Inc – ADR (NYSE:CANG) gained 11.6% to $1.96.
- Penske Automotive Group Inc (NYSE:PAG) surged 11.1% to $216.76.
- Westinghouse Air Brake Technologies Corp (NYSE:WAB) gained 10.3% to $290.84 after the company reported better-than-expected second-quarter financial results and raised its FY26 guidance.
- Vermilion Energy Inc (NYSE:VET) jumped 8.6% to $11.08.
- Kosmos Energy Ltd (NYSE:KOS) surged 8.4% to $2.62.
- Dell Technologies Inc (NYSE:DELL) gained 8.3% to $437.48.
- Corsair Gaming Inc (NASDAQ:CRSR) surged 8.1% to $10.68. Roth Capital analyst Sean McGowan initiated coverage on Corsair Gaming with a Buy rating and announced a price target of $15.
- SK Telecom Co Ltd (NYSE:SKM) surged 7.8% to $34.48.
- Weatherford International plc (NASDAQ:WFRD) jumped 7.7% to $89.73 following second-quarter results.
- Newell Brands Inc (NASDAQ:NWL) gained 6.7% to $5.56.
- RPM International Inc (NYSE:RPM) rose 6.1% to $107.70 after the company reported better-than-expected quarterly financial results.
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