Here are some of the big movers in the stock market on Wednesday:
1. Alcoa | Increase 4.9%
Shares of Alcoa (AA) - Get Alcoa Corp. Report were higher after the aluminum products giant was upgraded by Morgan Stanley analyst Carlos De Alba to overweight from equal weight with a $43 price target. Chief Executive Roy Harvey said China's reining in of aluminum production will be a "game changer," Bloomberg reported.
2. Calumet Specialty Products | Increase 10%
Calumet Specialty Products (CLMT) - Get Calumet Specialty Products Partners, L.P. Report rose. Wells Fargo upgraded the oil and gas company to overweight from equal weight and doubled the price target to $8 after incorporating a base-case view of the company's proposed renewable diesel transition.
3. Agile Therapeutics | Increase 13%
Agile Therapeutics (AGRX) - Get Agile Therapeutics, Inc. Report advanced after the women's healthcare company disclosed that Chief Executive Alfred Altomari bought 12,500 common shares for $25,000 and Chief Financial Officer Dennis Reilly bought 50,000 shares for $102,500 in March 23 transactions.
4. Hall of Fame Resort & Entertainment | Increase 39%
Shares of Hall of Fame Resort & Entertainment (HOFV) - Get Hall of Fame Resort & Entertainment Report surged after the company, which does business as the Pro Football Hall of Fame, signed a partnership with Dolphin Entertainment (DLPN) - Get Dolphin Entertainment Inc Report, an entertainment marketing and content development company, to offer non-fungible tokens, or NFTs.
5. Prothena | Increase 17%
Prothena (PRTA) - Get Prothena Corp. Plc Report climbed after the biotech priced an public offering of 3.5 million ordinary shares at $20.75 apiece. The company said it expects net proceeds of $67.8 million. The offering is expected to close March 26