5 Top Stock Gainers Tuesday: MGM Resorts, ViacomCBS, CVS Health

ViacomCBS, CVS Health, MGM Resorts, Tattooed Chef and Paysafe are five top stock gainers for Tuesday.
Author:
Publish date:

The Dow finished lower Tuesday as Wall Street bet on the reopening of the U.S. economy.

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

1. ViacomCBS | Increase 3.8%

ViacomCBS  (VIACA) - Get Report was advancing a day after George Soros’ investment firm said it snapped up shares of the media giant and other companies as they were being sold off during the collapse of Bill Hwang’s Archegos Capital Management.

Jim Cramer on AT&T, Amazon, Cloud Stocks, Home Depot

2. CVS Health | Increase 4.8%

Shares of CVS Health  (CVS) - Get Report rose after the pharmacy and health-care company said it had appointed former Aetna executive Shawn Guertin as chief financial officer and confirmed its 2021 profit guidance. 

Guertin, an insurance and health industry veteran who left CVS two years ago, will assume the financial chief's role on May 28.

3. MGM Resorts | Increase 1.9%

MGM Resorts  (MGM) - Get Report climbed after the hotel and casino operator was upgraded by J.P. Morgan analyst Joseph Greff to overweight from neutral with a price target of $47 a share, up from $45. 

Greff said the 11% pullback over the past month, a reduction of $2.5 billion in its market capitalization, provides an opportunity to buy with "fundamentals continuing to inflect positively."

4. Tattooed Chef | Increase 10%

Shares of Tattooed Chef  (TTCF) - Get Report jumped after the plant-based-food company said it completed the acquisition of New Mexico Food Distributors and Karsten Tortilla Factory, collectively referred to as “Foods of New Mexico”, for about $37 million in cash. Separately, the company launched two of its original vegetable products in Whole Foods Market  (AMZN) - Get Report stores nationwide.

5. Paysafe | Increase 7.6%

Paysafe  (PSFE) - Get Report rose after Securities and Exchange Commission filings showed that both Appaloosa Management and Omega Advisors bought shares of the London-based information technology services company.