Intel, Noah Holdings, Twilio And Other Big Stocks Moving Higher On Wednesday

U.S. stocks traded lower, with the Dow Jones dropping over 250 points on Wednesday. Here are some big stocks recording gains in today’s session.

• SunCar Technology Group Inc. SDA shares gained 51.5% to $29.53.
• LL Flooring Holdings, Inc. LL shares rose 18.8% to $4.92. LL Flooring confirmed the receipt of $5.76 per share unsolicited, non-binding proposal from Cabinets To Go, a subsidiary of F9 Brands.
• Nano-X Imaging Ltd. NNOX gained 12.7% to $19.23.
• Chindata Group Holdings Limited CD surged 11.1% to $5.59 after reporting first-quarter results.
• Lyell Immunopharma, Inc. LYEL shares gained 10.8% to $3.0595.
• Palomar Holdings, Inc. PLMR climbed 10.6% to $52.30 as the company announced successful completion of June 1 reinsurance renewal and raised full year 2023 adjusted net income guidance.
• Centerra Gold Inc. CGAU rose 10.3% to $6.03.
• SoFi Technologies, Inc. SOFI surged 10% to $6.64 following a tentative debt limit agreement, which would reinstate student loan payments.
• Noah Holdings Limited NOAH shares rose 8.9% to $15.98 following strong first-quarter sales.
• Zai Lab Limited ZLAB gained 8.1% to $33.26.
• Oculis Holding AG OCS rose 7.3% to $11.86. Oculis, on Tuesday, announced launch of proposed follow-on public offering of 5 million ordinary shares.
• Intel Corporation INTC gained 6% to $31.76 amid the company's presentation at TD Cowen's 51st Annual Technology, Media & Telecom Conference.
• Twilio Inc. TWLO surged 6% to $66.41 following a report suggesting Legion Partners has met with the company's board and management, urging the company to make changes to the board and consider divestitures.
• Five9, Inc. FIVN gained 5.5% to $64.22. Mizuho initiated coverage on Five9 with a Buy rating and announced a price target of $100.

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