Arista Networks, Telenav: 5 Top Stock Gainers for Tuesday

Arista Networks, GW Pharmaceuticals, Telenav, Inspire Medical Systems and Addus Homecare are five of the top stock gainers for Tuesday.
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Stocks finished higher Tuesday as Americans choose their next president.

Here of some of the top stock gainers for Tuesday:

1. Arista Networks | Percentage Increase 15%

Arista Networks  (ANET) - Get Report jumped as analysts issued positive comments after the cloud software company reported stronger-than-expected earnings for the third quarter. Analysts at William Blair said Arista has hit an inflection point, with management’s tone improving “night-and-day” from recent quarters.

2. GW Pharmaceuticals | Percentage Increase 21%

GW Pharmaceuticals  (GWPH) - Get Report shares rose after the British drugmaker posted better-than-expected third-quarter revenue and earnings. Revenue growth was strong in the quarter despite the challenges presented by Covid-19, CEO Justin Gover said in a statement.

3. TeleNav | Percentage Increase 20%

TeleNav  (TNAV) - Get Report climbed after the automotive navigation company said it had agreed to be acquired by V99 Inc. for roughly $241 million in an all-cash transaction. The deal is expected to close in the first quarter. Separately, TeleNav reported first-quarter results that beat Wall Street's expectations.

4. Inspire Medical Systems | Percentage Increase 32%

Shares of Inspire Medical Systems  (INSP) - Get Report jumped after the medical technology company beat Wall Street's third-quarter earnings expectations. Revenue climbed 72% from a year ago, the company said, reflecting its strong restart after the coronavirus pandemic shutdown eased.

5. Addus Homecare | Percentage Increase 8%

Addus Homecare  (ADUS) - Get Report rose after the personal care services company beat Wall Street's third-quarter earnings expectations. Revenue grew 15% to $194 million, and the company said it saw improving volumes during the third quarter as some Covid–19 restrictions were lifted.