5 Top Stock Gainers Tuesday: Ferro, Roblox, Palantir, NortonLifeLock

Ferro, Roblox, Palantir, NortonLifeLock and ShockWaveMedical are five top stock gainers for Tuesday.
Author:
Publish date:

Stocks finished lower Tuesday on renewed concern that inflation will surge.

Here are some of the market's biggest gainers for Tuesday:

1. Ferro | Increase 24%

Paints producer Ferro  (FOE) - Get Report jumped after agreeing to be purchased by Prince International for $22 a share in cash. 

Prince is a portfolio company of the New York private-equity firm American Securities.

2. Roblox | Increase 21%

Roblox (RBLX) - Get Report surged after the online video game operator reported its first financial results since going public, posting better-than-expected bookings on a surge in daily users. 

Average daily active users during the quarter were 42.1 million, an increase of 79% year over year.

3. Palantir Technologies | Increase 9.4%

Palantir Technologies  (PLTR) - Get Report rose after the software company posted sales that beat analysts' forecasts and said it would accept bitcoin as payment and may include the cryptocurrency on its balance sheet. 

The company posted a first-quarter loss of $123.5 million, or 7 cents a share, compared with a loss of $54.3 million, or 10 cents a share, a year earlier. Revenue in the quarter jumped 49% to $341.2 million

4. NortonLifeLock | Increase 11%

Shares of NortonLifeLock  (NLOK) - Get Report shares rose after the consumer cybersecurity company beat earnings expectations in its fiscal fourth quarter, and announced a $1.5 billion boost to its share buyback plan. 

NortonLifeLock reported revenue of $672 million in the quarter, up 9% from $614 million a year earlier.

5. ShockWave Medical | Increase 18%

ShockWaveMedical  (SWAV) - Get Report was surging after the medical device company beat Wall Street's first-quarter revenue estimates and posted a wider-than-expected loss. 

Revenue totaled $31.9 million, double the year-earlier figure. The company reported a net loss of $23.6 million, or 68 cents a share.