Stocks finished higher Thursday and the S&P 500 set record closing and intraday levels after the Federal Reserve chairman said that if prices moved beyond comfortable levels, it had the tools to curb them.
Here are some of the market's biggest gainers for Thursday:
1. Orbcomm | Increase 52%
The enterprise value of the deal including debt is about $1.1 billion.
2. Rice Acquisition | Increase 52%
Rice Acquisition (RICE) - Get RICE Report advanced after the special purpose acquisition company said it was combining Aria Energy and Archaea Energy and taking them public in a $1.15 billion SPAC merger.
The deal will create a major renewable natural gas platform.
3. Blink Charging | Increase 13%
Blink Charging (BLNK) - Get Blink Charging Co. Report climbed after the electric-vehicle-charging-equipment company said it would deploy 42 charging ports at 10 Four Brothers Pizza Inn locations across New York state.
Reuters, meanwhile, reported that the Biden administration's plan to boost electrical vehicles includes 500,000 new charging stations.
4. Piedmont Lithium | Increase 11%
The company updated its global mineral resource estimate to 39.2 metric tons of lithium at an average grade of 1.09%.
5. HubSpot | Increase 6%
Sills is positive on the company addressing a large market of marketing, sales, service, and CMS, with a total addressable market of more $86.7 billion.