Corvus Pharmaceuticals, Immunitybio, Acadia Healthcare And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were lower, with the Dow Jones falling around 700 points on Tuesday.

Shares of Corvus Pharmaceuticals Inc (NASDAQ:CRVS) rose sharply during Tuesday's session after announcing results from cohort 4 of randomized, blinded, placebo-controlled Phase 1 clinical trial evaluating soquelitinib in patients with moderate to severe atopic dermatitis.

Corvus Pharmaceuticals shares jumped 90.3% to $15.32 on Tuesday.

Here are some other big stocks recording gains in today’s session.

• Rapt Therapeutics Inc (NASDAQ:RAPT) gained 63.8% to $57.52 after GSK announced it will acquire the company.
• Immunitybio Inc (NASDAQ:IBRX) gained 24.3% to $6.86 after the company announced that it recently held a Type B End-of-Phase meeting with the FDA regarding its supplemental Biologics License Application for ANKTIVA plus Bacillus Calmette-Guérin in BCG-unresponsive non-muscle invasive bladder cancer with papillary tumors.
• Acadia Healthcare Company Inc (NASDAQ:ACHC) gained 21.2% to $14.15 after the company announced the appointment of Debbie Osteen as CEO and reaffirmed its FY25 guidance.
• Titan Mining Corp (NYSE:TII) gained 20.2% to $4.89.
• United Microelectronics Corp (NYSE:UMC) gained 15.8% to $10.78.
• Korea Electric Power Corp (NYSE:KEP) gained 15.7% to $21.71.
• Iamgold Corp (NYSE:IAG) surged 14.6% to $19.69. IAMGOLD reported preliminary 2025 operating results with 765,900 Oz gold production and issued 2026 guidance targeting 720,000 to 820,000 Oz.
• Hycroft Mining Holding Corporation (NASDAQ:HYMC) gained 12.2% to $38.85.
• SK Telecom Co Ltd (NYSE:SKM) jumped 10.2% to $23.12.
• USA Rare Earth Inc (NASDAQ:USAR) gained 10.1% to $19.48. USA Rare Earth plans to develop 3,750 mtpa metal and alloy production facility in Lacq, France.
• Lumentum Holdings Inc (NASDAQ:LITE) surged 7.1% to $347.31.
• SanDisk Corp (NASDAQ:SNDK) rose 7% to $442.51.

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