IHS Holding Posts Upbeat Earnings, Joins Tencent Music Entertainment, Elbit Systems And Other Big Stocks Moving Higher On Tuesday

Benzinga · 03/18 15:15
U.S. stocks were lower, with the Dow Jones index falling around 300 points on Tuesday.
Shares of IHS Holding Limited (NYSE:IHS) rose sharply during Tuesday's session following fourth-quarter results.
IHS Holding reported quarterly earnings of 73 cents per share which beat the analyst consensus estimate of 9 cents per share. The company reported quarterly sales of $437.822 million which beat the analyst consensus estimate of $424.001 million.
IHS shares jumped 15.2% to $4.5050 on Tuesday.
Here are some other big stocks recording gains in today's session.
- Harrow, Inc. (NASDAQ:HROW) shares jumped 19.7% to $27.91 following fourth-quarter results.
- FinVolution Group (NYSE:FINV) gained 17% to $10.67 after the company reported better-than-expected fourth-quarter financial results. Also, the company announced a new $150 million share repurchase program.
- China Liberal Education Holdings Limited (NASDAQ:CLEU) gained 17% to $2.1755.
- Phathom Pharmaceuticals, Inc. (NASDAQ:PHAT) rose 15.9% to $5.61.
- USA Rare Earth, Inc. (NASDAQ:USAR) gained 12.4% to $16.01.
- Lucid Group, Inc. (NASDAQ:LCID) surged 11.6% to $2.4100. Morgan Stanley analyst Adam Jonas upgraded Lucid Group from Underweight to Equal-Weight and announced a $3 price target.
- Tencent Music Entertainment Group (NYSE:TME) rose 10.1% to $14.38 after the company reported better-than-expected quarterly sales.
- Elbit Systems Ltd. (NASDAQ:ESLT) gained 10% to $406.00 after the company reported better-than-expected fourth-quarter financial results.
- Diginex Limited (NASDAQ:DGNX) rose 9.9% to $71.18.
- Millrose Properties, Inc. (NYSE:MRP) gained 9.9% to $24.18 after the company declared inaugural dividend and issued 2025 outlook.
- UP Fintech Holding Limited (NASDAQ:TIGR) gained 9.3% to $8.71.
- Metsera, Inc. (NASDAQ:MTSR) rose 7.5% to $30.50.
- RLX Technology Inc. (NYSE:RLX) gained 6.4% to $2.0850.
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