Symbotic, DouYu International, Sezzle And Other Big Stocks Moving Higher On Thursday

U.S. stocks were lower, with the Dow Jones index falling almost 100 points on Thursday.

Shares of Symbotic Inc. SYM rose sharply during Thursday’s session after the company disclosed a deal to acquire Walmart Inc.’s WMT Advanced Systems and Robotics business.

The acquisition’s total consideration is $200 million in cash and Symbotic will pay Walmartup to $350 million in additional contingent consideration in future periods dependent upon the quantity of APD systems ordered.

Symbotic shares jumped 17.7% to $31.48 on Thursday.

Here are some other big stocks recording gains in today’s session.

• DouYu International Holdings Limited DOYU shares jumped 28.6% to $15.80 as the company appointed Simin Ren as Co-CEO and declared a special cash dividend.
• Sezzle Inc. SEZL gained 20.4% to $312.60 after the company announced it expects to exceed its previously provided 2024 revenue and income guidance.
• Agora, Inc. API shares surged 18% to $4.7188.
• Rezolve AI Limited RZLV shares gained 16.8% to $2.8150.
• Spire Global, Inc. SPIR gained 15.8% to $16.00.
• ImmunityBio, Inc. IBRX shares surged 11.7% to $2.6700. ImmunityBio reported submission of applications for ANKTIVA + BCG to EMA and MHRA.
• HUYA Inc. HUYA rose 11% to $3.3650.
• BigBear.ai Holdings, Inc. BBAI shares jumped 10% to $3.7320 after the company announced a CEO transition.
• Archer Aviation Inc. ACHR shares rose 7.7% to $9.47. Needham analyst Chris Pierce reiterated Archer Aviation with a Buy and maintained a price target of $11.
• Ingram Micro Holding Corporation INGM gained 7.1% to $22.17 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $25 to $27.
• Carvana Co. CVNA rose 5.4% to $225.51 after Hindenburg Research, which previously issued a short report on the stock, announced it will close down.
• Applied Materials, Inc. AMAT gained 4.5% to $186.55.

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