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U.S. stocks were higher, with the Nasdaq Composite gaining over 100 points on Wednesday.
Shares of TAT Technologies Ltd (NASDAQ:TATT) rose sharply after the company reported better-than-expected first-quarter financial results.
TAT Techs posted quarterly earnings of 26 cents per share, beating market estimates of 19 cents per share. The company’s sales came in at $41.147 million topping estimates of $40.400 million.
TAT Technologies shares jumped 11.7% to $36.52 on Wednesday.
Here are some other big stocks recording gains in today’s session.
- Immunovant Inc (NASDAQ:IMVT) shares jumped 22.2% to $32.12 following fourth-quarter results.
- Sellas Life Sciences Group Inc (NASDAQ:SLS) gained 17.6% to $8.92 as traders react to the company’s latest update on its acute myeloid leukemia pipeline and the timeline for a pivotal Phase 3 readout.
- T1 Energy Inc (NYSE:TE) gained 17% to $8.05.
- Vuzix Corp (NASDAQ:VUZI) …
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