DigitalOcean, Agios Pharmaceuticals, Kingsoft Cloud And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were mixed, with the Nasdaq Composite falling around 1% on Tuesday.

Shares of DigitalOcean Holdings Inc (NYSE: DOCN ) rose sharply after the company announced it expects a year-over-year increase in second-quarter revenue growth results.

Also, the company expects to be at or above the top end of the range of its previously provided guidance for EBITDA margin and non-GAAP net income per share.

DigitalOcean shares surged 10.4% to $145.04 on Tuesday.

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

Crinetics Pharmaceuticals Inc (NASDAQ: CRNX ) shares jumped 98.7% to $83.52 after the company announced it will be acquired by Vertex Pharmaceuticals.

Maase Inc (NASDAQ: MAAS ) gained 14.4% to $17.46.

Agios Pharmaceuticals Inc (NASDAQ: AGIO ) gained 13.4% to $42.39 after the company disclosed that the U.S.

FDA has accepted its supplemental New Drug Application for mitapivat in sickle cell disease with a Priority Review.

Septerna Inc (NASDAQ: SEPN ) surged 9.3% to $36.58.

Optimum Communications Inc (NYSE: OPTU ) rose 8.9% to $1.34.

Kingsoft Cloud Holdings Ltd (NASDAQ: KC ) gained 7.5% to $9.82.

Morgan Stanley analyst Yang Liu initiated coverage on Kingsoft Cloud with an Overweight rating and announced a price target of $15.

Alight Inc (NYSE: ALIT ) gained 7.1% to $17.90.

Aktis Oncology Inc (NASDAQ: AKTS ) climbed 6.1% to $28.18.

Rackspace Technology, Inc. (NASDAQ: RXT ) gained 5.6% to $6.79.

PayPay Corp – ADR (NASDAQ: PAYP ) rose 5.4% to $15.99.

Fiserv Inc (NASDAQ: FISV ) gained 4.7% to $54.23 following reports suggesting that the company held talks with U.S. banks to sell its payments infrastructure business.

Huron Consulting Group Inc (NASDAQ: HURN ) gained 4.6% to $104.62.

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