CarMax Posts Upbeat Q2 Earnings, Joins Iovance Biotherapeutics, Perella Weinberg Partners And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were mixed, with the Dow Jones index falling over 100 points on Tuesday. Shares of Carmax Inc (NYSE:KMX) rose sharply after the company reported better-than-expected second-quarter financial results. CarMax reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $0.73 per share. The company reported quarterly sales of $7.878 billion which beat the analyst consensus estimate of $6.976 billion. Carmax shares jumped 9.7% to $62.02 on Tuesday. Here are some other big stocks recording gains in today’s session. Iovance Biotherapeutics Inc (NASDAQ:IOVA) shares jumped 26.7% to $13.93 after the company raised its FY26 revenue guidance. ITG Inc (NASDAQ:ITG) gained 16.5% to $8.23. Carnival Corporation Ltd (NYSE:CCL) rose 12.5% to $24.92 as the company reported better-than-expected third-quarter financial results and raised its FY26 adjusted EPS guidance above estimates. Bloom Energy Corp (NYSE:BE) gained 12.3% to $295.16. Jefferies analyst Julien Dumoulin-Smith maintained Bloom Energy with a Hold and raised the price target from $229 to $264. Perella Weinberg Partners (NASDAQ:PWP) gained 11.6% to $16.35 following a report suggesting that investment bank Piper Sandler has been in talks to combine with the advisory firm. Armada Acquisition Corp II (NASDAQ:XRPN) rose 11.5% to $11.80. AXT Inc (NASDAQ:AXTI) jumped 9.3% to $80.54. ASP Isotopes Inc (NASDAQ:ASPI) gained 8.3% to $2.82. Warby Parker Inc (NYSE:WRBY) climbed 8.2% to $26.67. STAAR Surgical Co (NASDAQ:STAA) gained 7.6% to $22.46 after Stifel upgraded the stock from Hold to Buy and raised its price target from $28 to $31. Primoris Services Corp (NYSE:PRIM) rose 6.8% to $75.98. Cantor Fitzgerald analyst Manish A. Somaiya reiterated Primoris Services with a Neutral and maintained a $105 price target. Royal Caribbean Cruises Ltd (NYSE:RCL) gained 6.6% to $258.60. Shares of cruise companies traded higher amid sympathy with Carnival after that company reported better-than-expected quarterly financial results and raised its FY26 adjusted EPS guidance above estimates. Argan Inc (NYSE:AGX) gained 6.5% to $378.39. JP Morgan analyst Michael Fairbanks maintained the stock with an Overweight rating and cut the price target from $800 to $785. Photo via Shutterstock