U.S. stocks were higher, with the Dow Jones index gaining around 100 points on Wednesday.
Shares of Dell Technologies Inc. (NYSE:DELL) shares rose sharply during Wednesday's session.
Wells Fargo analyst Aaron Rakers maintained Dell with an Overweight rating and raised the price target from $160 to $180, while Bernstein analyst Mark Newman maintained the stock with an Outperform rating and raised the price target from $175 to $180.
Dell on Tuesday raised its annual revenue growth and annual adjusted EPS growth guidance. Additionally, Dell plans to increase its quarterly dividend by at least 10% annually through fiscal 2030.
Dell shares jumped 7.7% to $162.57 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Nanobiotix S.A. (NASDAQ:NBTX) shares jumped 24.4% to $26.08.
- I-Mab (NASDAQ:IMAB) gained 22.7% to $5.36.
- Diginex Limited (NASDAQ:DGNX) shares rose 19.2% to $28.85.
- Critical Metals Corp. (NASDAQ:CRML) gained 18% to $11.82. Critical Metals signed a 10-year offtake deal with REalloys for 15% of rare earth output from Tanbreez Project.
- Platinum Group Metals Ltd. (NYSE:PLG) surged 13.3% to $3.1600.
- Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) rose 13.2% to $16.78.
- Figma, Inc. (NYSE:FIG) gained 13.5% to $69.03.
- Select Medical Holdings Corporation (NYSE:SEM) gained 12.8% to $14.71. RBC Capital analyst Ben Hendrix maintained Select Medical with an Outperform rating and raised the price target from $16 to $20.
- GSR III Acquisition Corp. (NASDAQ:GSRT) rose 11.6% to $13.42.
- Absci Corporation (NASDAQ:ABSI) surged 11% to $4.1500.
- Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX) rose 10.7% to $5.80.
- Intellia Therapeutics, Inc. (NASDAQ:NTLA) gained 10% to $22.44.
- Confluent, Inc. (NASDAQ:CFLT) jumped 10% to $22.80 following reports suggesting the company is considering a sale.
- Century Aluminum Company (NASDAQ:CENX) gained 9.3% to $30.70. Wells Fargo analyst Timna Tanners initiated coverage on Century Aluminum with an Overweight rating and announced a price target of $37.
- Mesoblast Limited (NASDAQ:MESO) surged 8.4% to $19.61.
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