Stocks ended mixed Tuesday after the rebound from the biggest single-day decline in nearly four months sparked by China's indebted property giant Evergrande lost steam.
Here are some of the market's biggest gainers for Tuesday:
1. Uber | Increase 11%
Uber (UBER) shares climbed after the ride-hailing giant said it could post its first adjusted profit for the third quarter. Uber said in an SEC filing that it now expected third-quarter results based on Ebitda to range from a loss of $25 million to a profit of $25 million.
2. Helbiz | Increase 97%
3. Warner Music Group | Increase 12%
Warner Music Group (WMG) shares climbed after Credit Suisse analyst Meghan Durkin upgraded the music entertainment company to outperform from neutral with a price target of $48, up from $37. Durkin sees further upside in the stock as its growth outlook, margin profile, and valuation "become clarified."
4. Upstart Holdings | Increase 9.3%
Shares of Upstart Holdings (UPST) climbed after WSFS Bank, the primary subsidiary of WSFS Financial (WSFS) , said it had launched a digital personal loans product powered by Upstart. The bank said the agreement expands its personal loan offerings to a wider customer base while diversifying its business.
5. QuantumScape | Increase 16%
QuantumScape (QS) shares rose after the battery technology start-up said it had partnered with a large automaker to evaluate prototypes of its solid-state battery cells. The deal also includes an option for the automaker to purchase 10-megawatt hours of battery capacity from QuantumScape's pre-pilot production line facility.