Vishay Intertechnology, Eos Energy Enterprises, Tower Semiconductor And Other Big Stocks Moving Higher On Wednesday U.S. stocks were mixed, with the Nasdaq Composite gaining more than 100 points on Wednesday.
Shares of Vishay Intertechnology Inc (NYSE:VSH) rose sharply after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance above estimates
Vishay Intertechnology reported quarterly earnings of 5 cents per share which beat the analyst consensus estimate of 3 cents per share. The company reported quarterly sales of $839.242 million which beat the analyst consensus estimate of $822.815 million. Vishay Intertechnology shares jumped 10% to $36.99 on Wednesday.
Here are some other big stocks recording gains in today’s session. – Velo3D Inc (NASDAQ:VELO) shares jumped 35.5% to $19.05 after the company reported better-than-expected first-quarter financial results. – VNET Group Inc – ADR (NASDAQ:VNET) gained 32.5% to $11.95 after the company announced that PJ Millennium I Limited and PJ Millennium II entered into a share purchase agreement to purchase from the Sellers in aggregate up to 650,424,192 Class A ordinary shares at $1.4486 per share. – C4 Therapeutics, Inc (NASDAQ:CCCC) gained 19.4% to $3.78 following upbeat quarterly results. – Kingsoft Cloud Holdings Ltd (NASDAQ:KC) surged 18.6% to $18.16. – Tower Semiconductor Ltd (NASDAQ:TSEM) rose 17.5% to $259.61 after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance with its midpoint above estimates. Also, the company announced it signed a silicon photonics contract for $1.3 billion. – Nebius Group NV (NASDAQ:NBIS) gained 16.6% to $208.59 after the company reported first-quarter financial results and raised its contracted power guidance. – Sellas Life Sciences Group Inc (NASDAQ:SLS) gained 15.5% to $6.03 after the company reported better-than-expected quarterly EPS results. – Eos Energy…