On Holding, Viking Therapeutics, Shopify And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were higher, with the Nasdaq Composite gaining over 1% on Monday. Shares of On Holding AG (NYSE: ONON ) rose sharply after the company affirmed its FY26 sales guidance above estimates and issued third-quarter sales guidance above estimates. On Holding also announced a $1 billion stock buyback program.

On Holding shares jumped 13% to $30.88 on Tuesday. Here are some other big stocks recording gains in today’s session. Viking Therapeutics Inc (NASDAQ: VKTX ) shares jumped 35.6% to $40.84 after the company announced top-line results from the maintenance study of VK2735. Maze Therapeutics Inc (NASDAQ: MAZE ) gained 24.8% to $27.94.

Butterfly Network Inc (NYSE: BFLY ) surged 15.6% to $9.42 after Needham initiated coverage on the stock with a Buy rating and announced a $10 price target. Vicor Corp (NASDAQ: VICR ) rose 12.8% to $252.57 after the company raised guidance for the third quarter. Capri Holdings Ltd (NYSE: CPRI ) surged 11.7% to $15.98. Fossil Group Inc (NASDAQ: FOSL ) surged 10% to $6.45.

Bandwidth Inc (NASDAQ: BAND ) gained 9.6% to $59.54. Omeros Corp (NASDAQ: OMER ) gained 9.4% to $20.22 after Cantor Fitzgerald upgraded the stock from Neutral to Overweight rating and announced a $22 price target. Shopify Inc. (NYSE: SHOP ) surged 8.6% to $149.91 after the company and Meta announced that more collaborations on AI-integrated shopping are in development.

Celanese Corp (NYSE: CE ) rose 8.5% to $48.15. Gloo Holdings Inc (NASDAQ: GLOO ) gained 7.8% to $5.21. Grab Holdings Ltd (NASDAQ: GRAB ) rose 7% to $3.12 after Chairman Tan reported a purchase of 10,350,000 shares at an average price of $2.89 per share. Caleres Inc (NYSE: CAL ) gained 6.3% to $12.66.

Goodyear Tire & Rubber Co (NASDAQ: GT ) rose 6.3% to $5.34. SanDisk Corp (NASDAQ: SNDK ) gained 6.2% to $1,876.90 after Rosenblatt initiated coverage on the stock with a Buy rating and announced a $2400 price target. Photo via Shutterstock