Stocks ended mixed Tuesday, with the Dow Jones Industrial Average posting its second straight record high close.
Here are some of the market’s biggest gainers for Tuesday:
1. Ford | Increase 12%
Ford shares powered higher after the automaker said it is planning to nearly double production capacity of the all-electric F-150 Lightning pickup to 150,000 vehicles per year at its Dearborn, Mich., facility “to meet soaring customer demand.”
2. Halliburton | Increase 6%
Video: The Week Ahead: Strong year for stocks winds down (CNBC)
- New York, Palm Beach and Miami are the hottest real-estate markets, says Douglas Elliman’s Lorber Howard Lorber, Douglas Elliman executive chairman, joins ‘Power Lunch’ to discuss supply chain shortages in the housing market. CNBC
- We try to offset inflation with internal productivity, says Hain Celestial president and CEO Mark Schiller, Hain Celestial president and CEO, joins ‘Power Lunch’ to discuss how the company has been able to work with inflation, how a vaccine mandate would impact the company and what he’s doing to combat rising prices. CNBC
- Elizabeth Holmes conviction not a worrying trend for Silicon Valley, say experts William Cohan, Puck founding partner and CNBC contributor, and Marcus Whitney, Jumpstart Health Investors founding partner, join ‘Power Lunch’ to discuss Elizabeth Holmes trial and conviction, what it means for Silicon Valley at-large and more. CNBC
Shares of Halliburton advanced after Morgan Stanley analyst Connor Lynagh upgraded the oilfield services company to overweight from equal weight and raised his price target to $30 from $28. Oil prices were also climbing on Tuesday.
3. Dow Inc. | Increase 2.7%
Dow Inc. shares climbed after the chemical company recently launched Luxsense Silicone Synthetic Leather, the world’s first high-end silicone-based synthetic leather material. It is designed to meet specifications in transportation seating and interiors, furniture, fashion, wearable devices and consumer electronics with unique features.
4. NexTier Oilfield Solutions | Increase 27%
Shares of NexTier Oilfield skyrocketed after the oil and gas equipment services company said it is expecting revenue in the fourth quarter of 2021 to come in between $500 million and $510 million, an increase of more than 25% compared to the third quarter. EBITDA is expected to be between $75 million and $80 million.
5. Boston Properties | Increase 3.3%
Boston Properties jumped after Deutsche Bank analyst Derek Johnston upgraded the real estate investment trust to buy from hold with a $131 price target.
This article was originally published by TheStreet.