Archer Aviation Posts Narrower-Than-Expected Loss, Joins Microvast, Intuitive Machines And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were lower, with the Dow Jones index falling around 100 points on Tuesday.

Shares of Archer Aviation Inc. (NASDAQ:ACHR) rose sharply during Tuesday's session after the company reported better-than-expected first-quarter EPS results.

Archer reported a smaller-than-expected loss for the first quarter, posting a 17-cent loss versus estimates for a loss of 28 cents, per Benzinga Pro.

Archer Aviation shares jumped 21.5% to $11.05 on Tuesday.

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

• Microvast Holdings, Inc. (NASDAQ:MVST) shares jumped 27% to $3.0350 after the company reported better-than-expected first-quarter sales results.
• Intuitive Machines, Inc. (NASDAQ:LUNR) gained 26.8% to $12.05 after the company issued FY25 sales guidance with its midpoint above estimates.
• Array Technologies, Inc. (NASDAQ:ARRY) rose 23.1% to $8.42.
• Archer Aviation Inc. (NASDAQ:ACHR) gained 21.5% to $11.05 after the company reported better-than-expected first-quarter EPS results.
• First Solar, Inc. (NASDAQ:FSLR) rose 19.4% to $186.60. Wolfe Research analyst Steve Fleishman upgraded First Solar from Peer Perform to Outperform and announced a $221 price target.
• Hallador Energy Company (NASDAQ:HNRG) rose 18% to $17.92 following first-quarter results.
• Shoals Technologies Group, Inc. (NASDAQ:SHLS) gained 17.3% to $6.29 following first-quarter results.
• Sunrun Inc. (NASDAQ:RUN) gained 17% to $12.82.
• NuScale Power Corporation (NYSE:SMR) gained 17% to $20.82 following better-than-expected quarterly sales.
• Coinbase Global, Inc. (NASDAQ:COIN) rose 17% to $242.63 after it was announced that the company will join the S&P 500, effective before the opening of trading on Monday, May 19.
• Life360, Inc. (NASDAQ:LIF) gained 16.4% to $57.61 following upbeat quarterly results.
• Green Plains Inc. (NASDAQ:GPRE) rose 14.4% to $5.32.
• Super Micro Computer, Inc. (NASDAQ:SMCI) rose 12.1% to $37.58. Raymond James analyst Simon Leopold initiated coverage on Super Micro Computer with an Outperform rating and announced a price target of $41.
• Nextracker Inc. (NASDAQ:NXT) gained 11.6% to $56.51.
• Oklo Inc. (NYSE:OKLO) rose 10% to $31.73.
• Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) rose 8.6% to $15.17 after the company reported better-than-expected quarterly financial results.
• Sea Limited (NYSE:SE) gained 8% to $153.75 after the company reported better-than-expected first-quarter EPS results.

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