Hasbro, Utz Brands, Park Aerospace And Other Big Stocks Moving Higher On Tuesday
U.S. stocks were higher, with the Nasdaq Composite gaining around 1% on Tuesday. Shares of Hasbro Inc (NASDAQ: HAS ) rose sharply after the company reported better-than-expected second-quarter financial results and raised its FY26 sales guidance. Adjusted earnings came in at $1.28 per share, topping the analyst consensus estimate of $1.14. Revenue increased 16% year over year to $1.14 billion, ahead of analysts’ expectations of $1.07 billion. Hasbro shares jumped 8.6% to $88.62 on Tuesday. Here are some other big stocks recording gains in today’s session. Utz Brands Inc (NYSE: UTZ ) shares jumped 88% to $14.08 after the company announced that Intersnack Group will acquire all Utz Class A common stock for $14.25 per share in cash. Aehr Test Systems (NASDAQ: AEHR ) gained 20.6% to $93.29. Park Aerospace Corp (NYSE: PKE ) gained 17.5% to $38.36 after the company reported better-tha...
U.S. stocks were higher, with the Nasdaq Composite gaining around 1% on Tuesday.
Shares of Hasbro Inc (NASDAQ: HAS ) rose sharply after the company reported better-than-expected second-quarter financial results and raised its FY26 sales guidance.
Adjusted earnings came in at $1.28 per share, topping the analyst consensus estimate of $1.14.
Revenue increased 16% year over year to $1.14 billion, ahead of analysts’ expectations of $1.07 billion.
Hasbro shares jumped 8.6% to $88.62 on Tuesday.
Here are some other big stocks recording gains in today’s session.
Utz Brands Inc (NYSE: UTZ ) shares jumped 88% to $14.08 after the company announced that Intersnack Group will acquire all Utz Class A common stock for $14.25 per share in cash.
Aehr Test Systems (NASDAQ: AEHR ) gained 20.6% to $93.29.
Park Aerospace Corp (NYSE: PKE ) gained 17.5% to $38.36 after the company reported better-than-expected quarterly financial results.
Forward Air Corp (NASDAQ: FWRD ) surged 15.5% to $15.25 after signing a non‑binding memorandum of understanding with a customer to retain at least half of $250 million in annual revenue.
Cybin Inc (NASDAQ: HELP ) gained 13.9% to $8.10 after the company announced it completed enrollment in its APPROACH Phase 3 pivotal study of HLP003 in patients living with Major Depressive Disorder.
Securitize Corp (NYSE: SECZ ) surged 13.4% to $7.51.
DigitalOcean Holdings Inc (NYSE: DOCN ) gained 13.2% to $134.79.
Barclays analyst Raimo Lenschow maintained DigitalOcean with an Overweight rating and lowered the price target from $184 to $160.
F irst Tracks Biotherapeutics Inc (NASDAQ: TRAX ) gained 12.7% to $41.57 after Barclays raised its price target on the stock from $40 to $48.
Palvella Therapeutics In c (NASDAQ: PVLA ) gained 12.4% to $139.59.
C oinbase Global Inc (NASDAQ: COIN ) surged 12.2% to $179.98.
Shares of crypto-linked companies traded higher as Bitcoin rose in response to reports suggesting that President Trump agreed to the CLARITY Act’s ethics language.
Treasury Secretary Bessent said, “We’re at the 1-yard line on the CLARITY Act in the Senate.” B loom Energy Corp (NYSE: BE ) jumped 11.5% to $220.00.
Ondas Inc (NASDAQ: ONDS ) gained 10.7% to $7.61.
Teradyne Inc (NASDAQ: TER ) climbed 10.4% to $368.60.
Western Digital Corp (NASDAQ: WDC ) gained 10.2% to $537.34.
AST SpaceMobile Inc (NASDAQ: ASTS ) gained 10% to $63.15.
Robinhood Markets Inc (NASDAQ: HOOD ) rose 8.2% to $107.40.
Needham analyst John Todaro maintained Robinhood with a Buy and raised the price target from $97 to $123.
Seagate Technology Holdings PLC (NASDAQ: STX ) gained 8.2% to $868.48.
Micron Technology In c (NASDAQ: MU ) jumped 7.7% to $932.80.
Applied Materials Inc (NASDAQ: AMAT ) jumped 7.3% to $564.28.
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