Stocks finished higher Wednesday after the Fed remained vague on when it will begin tapering its $120 billion in monthly bond purchases.
Here are some of the market's biggest gainers for Wednesday:
1. SoFi Technologies | Increase 11%
SoFi Technologies (SOFI) - Get SOFI TECHNOLOGIES INC Report shares surged after analysts at Jefferies initiated coverage of the online financial services company with a buy rating and a $25 price target, calling it a "flywheel of growth opportunity."
2. Stitch Fix | Increase 16%
Shares of Stitch Fix (SFIX) - Get Stitch Fix, Inc. Class A Report jumped after the online personal shopping and styling service swung to a surprise fiscal-fourth-quarter profit and reached $2 billion in sales for the first time.
3. General Mills | Increase 3.3%
General Mills (GIS) - Get General Mills, Inc. (GIS) Report shares climbed after the cereal and packaged-foods giant reported fiscal-first-quarter results ahead of analyst expectations. The company posted adjusted earnings of 99 cents a share on revenue of $4.54 billion. Analysts were expecting earnings of 89 cents a share on revenue of $4.3 billion.
4. Marin Software | Increase 62%
Shares of Marin Software (MRIN) - Get Marin Software, Inc. Report skyrocketed after the company and meme favorite said it entered into a revenue-sharing agreement with Google (GOOGL) - Get Alphabet Inc. Class A Report to develop its enterprise tech platform and software products. The agreement will take effect Oct. 1, after the current agreement between them, reached in December 2018, ends.
5. Dynavax | Increase 26%
Dynavax Technologies (DVAX) - Get Dynavax Technologies Corporation Report shares advanced. Clover Biopharmaceuticals reported progress with a protein-based COVID-19 vaccine candidate, SCB-2019, with Dynavax's CpG 1018 adjuvant. The Dynavax ingredient helps create a stronger immune response in people receiving the vaccine.