AEVEX, Abivax, Watts Water Technologies And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were higher, with the Dow Jones index gaining around 100 points on Tuesday.

Shares of AEVEX Corp (NYSE: AVEX ) rose sharply after the company secured a $50 million U.S.

Air Force contract to expand unmanned mission-support capabilities.

The contract includes $27 million in initial funding and supports continued production of AEVEX’s long-range precision strike platform.

AEVEX shares jumped 11.8% to $20.07 on Tuesday.

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

Abivax SA (NASDAQ: ABVX ) shares jumped 34.2% to $129.00 after the company announced topline results from ABTECT Maintenance Part 2.

Also, BTIG maintained a Buy rating on the stock and raised its price target from $150 to $175.

Empire State Realty OP LP (NYSE: ESBA ) gained 20.9% to $6.42.

AeroVironment, Inc. (NASDAQ: AVAV ) gained 20.4% to $167.34 after the company reported better-than-expected fourth-quarter financial results.

AirJoule Technologies Corp (NASDAQ: AIRJ ) surged 17.4% to $5.40.

FuelCell Energy Inc (NASDAQ: FCEL ) jumped 14% to $33.95.

Unusual Machines Inc (NYSE: UMAC ) surged 11.1% to $21.37 in sympathy with AeroVironment Inc. (NASDAQ: AVAV ) after the drone and defense technology company reported a fiscal fourth-quarter double beat.

Hesai Group – ADR (NASDAQ: HSAI ) surged 10.7% to $17.45.

ProKidney Corp (NASDAQ: PROK ) gained 9.3% to $2.06.

Wolfspeed Inc (NYSE: WOLF ) surged 9.1% to $48.26.

Air Products and Chemicals Inc (NYSE: APD ) gained 8.6% to $294.67 after the company announced it will not proceed with the Louisiana Clean Energy Complex project.

Also, the company announced it is finalizing its marketing and distribution agreement with Yara for renewable ammonia from the NEOM Green Hydrogen Project.

Kratos Defense & Security Solutions Inc (NASDAQ: KTOS gained 8.5% to $50.92.

Myers Industries Inc (NYSE: MYE ) gained 8.3% to $33.43.

Tenable Holdings Inc (NASDAQ: TENB ) shares rose 7.6% to $36.05.

Tenable announced that Tenable One Cloud Exposure has achieved FedRAMP High and Impact Level 5 authorization.

Watts Water Technologies Inc (NYSE: WTS ) gained 6.2% to $381.18.

Barclays analyst William Grippin upgraded Watts Water Technologies from Equal-Weight to Overweight and raised the price target from $317 to $414.

Tradeweb Markets Inc (NASDAQ: TW ) rose 6.2% to $97.82.

Goldman Sachs analyst Alexander Blostein upgraded Tradeweb Markets from Neutral to Buy and raised the price target from $128 to $146.

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