Insmed, Tesla, Casey's General Stores And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were mixed, with the Dow Jones index falling around 0.1% on Tuesday.

Shares of Insmed Incorporated (NASDAQ:INSM) rose sharply during Tuesday's session after the company announced topline results from its randomized, double-blind, placebo-controlled Phase 2b study evaluating the efficacy and safety of treprostinil palmitil inhalation powder met its primary endpoint and all secondary efficacy endpoints.

Insmed Incorporated (NASDAQ:INSM) gained 27% to $89.78 on Tuesday.

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

• NWTN Inc. (NASDAQ:NWTN) shares jumped 27.5% to $2.04.
• Metsera, Inc. (NASDAQ:MTSR) gained 24% to $37.66.
• Yatsen Holding Limited (NYSE:YSG) climbed 20.3% to $8.50.
• Navitas Semiconductor Corporation (NASDAQ:NVTS) gained 19.4% to $8.08.
• Plug Power Inc. (NASDAQ:PLUG) rose 16.8% to $1.4250 on what appears to be continued momentum following a more than 25% surge to start the week.
• QuantaSing Group Limited (NASDAQ:QSG) jumped 14.5% to $7.96. Citigroup analyst Alice Cai upgraded QuantaSing Group from Neutral to Buy and raised the price target from $6.1 to $9.52.
• Quantum Computing Inc. (NASDAQ:QUBT) rose 14% to $16.39.
• Casey’s General Stores, Inc. (NASDAQ:CASY) gained 13.8% to $500.07 after the company reported better-than-expected fourth-quarter financial results and increased its quarterly dividend.
• Terns Pharmaceuticals, Inc. (NASDAQ:TERN) rose 12.4% to $4.1689.
• Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX) gained 10.1% to $5.91 as the company announced a 20% workforce reduction and infrastructure streamlining to extend cash runway into Q4 2027.
• Legend Biotech Corporation (NASDAQ:LEGN) rose 6.8% to $37.15.
• Axcelis Technologies, Inc. (NASDAQ:ACLS) gained 6% to $71.68.
• Cosan S.A. (NYSE:CSAN) rose 5.7% to $6.05.
• Under Armour, Inc. (NYSE:UAA) gained 5% to $7.09.
• Tesla, Inc. (NASDAQ:TSLA) rose 2.4% to $315.94. Tesla sold over 24,770 Model Ys in May in China, according to new insurance registration data obtained by Car News China on Monday.

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