Ferguson Enterprises, WEBTOON Entertainment, Jumia Technologies And Other Big Stocks Moving Higher On Tuesday

Ferguson Enterprises-Photo by JennLShoots via Shutterstock

U.S. stocks were lower, with the Dow Jones index falling more than 150 points on Tuesday.

Shares of Ferguson Enterprises Inc. (NYSE:FERG) rose sharply on Tuesday following fourth-quarter results.

Ferguson Enterprises reported fourth-quarter 2024 sales of $8.5 billion, a 6.9% increase from last year, beating analyst estimates of $8.41 billion. Adjusted earnings per share were $3.48, ahead of expectations of $2.88 and up 16.8% from the prior year. GAAP diluted EPS was $3.55, up 59.2% from $2.23.

Ferguson Enterprises shares jumped 5.4% to $ 226.12 on Monday.

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

• Robo.ai Inc. (NASDAQ:AIIO) shares jumped 40.3% to $2.1100. Robo.ai announced it signed a final joint venture agreement with JW Group and Ferox Investments to establish Robo.ai Industrial City in Dubai Industrial City.
• QMMM Holdings Limited (NASDAQ:QMMM) gained 29.2% to $92.67.
• WEBTOON Entertainment Inc. (NASDAQ:WBTN) rose 29.2% to $19.41 after the company and Disney entered a non-binding term sheet to develop a digital comics platform featuring current and past comics from across Disney’s portfolio.
• Kindly MD, Inc. (NASDAQ:NAKA) gained 24% to $1.5400.
• New Fortress Energy Inc. (NASDAQ:NFE) rose 24% to $1.7150.
• Jumia Technologies AG (NYSE:JMIA) shares jumped 20.3% to $11.79. RBC Capital analyst Brad Erickson upgraded Jumia Technologies from Sector Perform to Outperform and raised the price target from $6.5 to $15.
• Strata Critical Medical, Inc. (NASDAQ:SRTA) gained 11.5% to $5.05.
• Kopin Corporation (NASDAQ:KOPN) rose 10% to $2.4750. Canaccord Genuity analyst George Gianarikas maintained Kopin with a Buy and raised the price target from $2.5 to $3.
• LG Display Co., Ltd. (NYSE:LPL) gained 9.3% to $4.9200.
• Angel Studios, Inc. (NYSE:ANGX) rose 8.2% to $17.32.
• PagSeguro Digital Ltd. (NYSE:PAGS) gained 8% to $10.48.
• Bloom Energy Corporation (NYSE:BE) rose 6.5% to $71.38. Morgan Stanley analyst Stephen Byrd maintained Bloom Energy with an Overweight rating and raised the price target from $44 to $85.

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