Fabrinet, EverQuote, Lattice Semiconductor, Fiserv And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were mixed, with the Dow Jones falling around 200 points on Tuesday.

Shares of Fabrinet (NYSE:FN) rose sharply after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates. Also, the company authorized a repurchase of up to an additional $103 million of its ordinary shares.

Fabrinet reported quarterly earnings of $4.34 per share, which beat the Street estimate of $4.19, per Benzinga Pro data. Quarterly revenue of $1.47 billion beat the consensus estimate of $1.403 billion by 5.11 percent. This is a 50.74 percent increase over sales of $978.128 million the same period last year.

Fabrinet shares jumped 13.7% to $358.08 on Tuesday.

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

• Ibotta Inc (NYSE:IBTA) shares jumped 28.4% to $64.19 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter sales guidance above estimates.
• Xtend AI Robotics, Inc (NYSE:XTND) gained 21.4% to $1.59. XTEND AI Robotics completed delivery under $2.8 million Defense contract in Asia-Pacific.
• Aehr Test Systems (NASDAQ:AEHR) rose 19.3% to $61.40 after the company reported better-than-expected first-quarter financial results and raised its FY27 sales guidance above estimates.
• Graphic Packaging Holding Co (NYSE:GPK) gained 19% to $11.10 after the company reported better-than-expected quarterly financial results.
• Sequans Communications SA ADR (NYSE:SQNS) gained 17.8% to $2.98 after the company reported upbeat quarterly financial results.
• EverQuote, Inc. (NASDAQ:EVER) rose 17.6% to $28.83 after the company reported better-than-expected third-quarter sales results and issued current-quarter sales guidance above estimates.
• Bicara Therapeutics Inc. (NASDAQ:BCAX) jumped 17.4% to $9.31.
• BETA Technologies, Inc. (NYSE:BETA) rose 15.2% to $23.50 after the company reported better-than-expected quarterly financial results and raised its FY26 sales guidance above estimates.
• Hut 8 Corp. (NASDAQ:HUT) gained 15.1% to $63.70.
• Neurocrine Biosciences, Inc. (NASDAQ:NBIX) rose 14.8% to $166.96 after the company reported better-than-expected quarterly financial results and raised its FY26 INGREZZA net product sales guidance.
• Sportradar Group AG (NASDAQ:SRAD) climbed 14.7% to $14.77 after the company reported upbeat quarterly financial results.
• Lattice Semiconductor Corporation (NASDAQ:LSCC) gained 14% to $108.83 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter guidance above estimates.
• Revvity, Inc. (NYSE:RVTY) gained 12.5% to $170.64 following strong quarterly earnings.
• Fiserv, Inc. (NASDAQ:FISV) surged 12.3% to $58.34 after the company reported better-than-expected quarterly financial results.
• Grab Holdings Limited (NASDAQ:GRAB) rose 10.6% to $3.1650 after the company reported upbeat quarterly sales results and raised its FY26 sales guidance.
• UL Solutions Inc. (NYSE:ULS) gained 9.1% to $81.97 following strong quarterly results.
• Summit Therapeutics Inc. (NASDAQ:SMMT) rose 8.8% to $16.12.
• DuPont de Nemours, Inc. (NYSE:DD) surged 8.8% to $154.27 after the company reported better-than-expected quarterly financial results and raised its FY26 guidance above estimates.
• Bloom Energy Corporation (NYSE:BE) gained 8.6% to $213.14 after the company announced it signed a memorandum of understanding with California Resources Corporation (NYSE:CRC) and its carbon management business, Carbon TerraVault, to jointly evaluate and target the potential development of 1 gigawatt or more of solid-oxide fuel cell power generation paired with carbon capture and storage in California.
• Monolithic Power Systems, Inc. (NASDAQ:MPWR) rose 8.2% to $1,346.17.

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