Oklo, Quantum Computing And Transocean Are Among Top 10 Mid Cap Gainers Last Week (June 9-13): Are The Others In Your Portfolio?
Among the top mid-cap stocks that gained last week, most were energy stocks, driven by a spike in oil prices fueled by the Middle East conflict.
- Oklo Inc. (NYSE:OKLO) stock rose 26.59% after the company was issued a Notice of Intent to Award by the Defense Logistics Agency Energy to provide clean power through its Aurora powerhouse for a U.S. Air Force site. It also raised $400 million via an equity offering, and several analysts increased their price forecasts on the stock.
- Bausch Health Companies Inc. (NYSE:BHC) stock increased 25.63% last week.
- Quantum Computing, Inc. (NASDAQ:QUBT) stock climbed 21.75% last week after Nvidia (NASDAQ:NVDA) CEO Jensen Huang commented that quantum computers will soon solve real-world problems beyond classical computing, boosting interest in quantum-linked stocks.
- Transocean Ltd. (NYSE:RIG) stock gained 20.29% last week due to rising oil prices amid heightened geopolitical tensions in the Middle East.
- MP Materials Corp. (NYSE:MP) stock rose 18.87% last week after reports that the Trump administration plans to invoke Cold War-era powers to accelerate rare earth projects.
- Sasol Limited (NYSE:SSL) stock increased 18.48% last week.
- Darling Ingredients Inc. (NYSE:DAR) gained rose 17.11% last week.
- Civitas Resources, Inc. (NYSE:CIVI) stock increased 16.77% last week following energy sector momentum driven by surging oil prices and Middle East instability.
- PBF Energy Inc. (NYSE:PBF) stock rose 15.41% last week after energy stocks rallied amid rising crude prices and geopolitical conflict.
- CVR Energy, Inc. (NYSE:CVI) stock gained 14.83% last week after the strength of the oil market lifted energy shares broadly.
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