5 Top Stock Gainers for Thursday: Orbcomm, Blink Charging

Orbcomm, Rice Acquisition, Blink Charging, Piedmont Lithium and HubSpot are five top stock gainers for Thursday.
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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%

Shares of Orbcomm  (ORBC) - Get Report surged after the wireless-messaging-services company agreed to be acquired by private-equity firm GI Partners for $11.50 a share cash. 

The enterprise value of the deal including debt is about $1.1 billion.

2. Rice Acquisition | Increase 52%

Rice Acquisition  (RICE) - Get 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.

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3. Blink Charging |  Increase 13%

Blink Charging  (BLNK) - Get 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%

Shares of Piedmont Lithium  (PLL) - Get Report advanced after the Australian lithium mining company said it had raised its lithium resources by 40%. 

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%

HubSpot  (HUBS) - Get Report rose after Bank of America analyst Brad Sills reinitiated coverage of the customer relationship management platform with a buy rating and $600 price target. 

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.