Stocks dropped Tuesday as the Covid omicron impact weighed on investors’ minds.
Here are some of the biggest gainers on Tuesday.
1. Beyond Meat BYND | Up 9%
Shares of Beyond Meat (BYND) – Get Beyond Meat, Inc. Report traded higher. CNBC reported that analysts at Piper Sandler upgraded the meat-alternative maker to neutral from underweight, saying that McDonald’s’ (MCD) – Get McDonald’s Corporation Report McPlant could be rolled out nationwide in less than three months.
2. Toyota Motor TM | Up 2.3%
U.S.-listed shares of Toyota Motor (TM) – Get Toyota Motor Corp. Report advanced Tuesday after the Japanese automaker raised its 2030 global-sales target for electric vehicles to 3.5 million from 2 million.
3. Centene CNC | Up 4.3%
Shares of Centene (CNC) – Get Centene Corporation Report notched gains after the managed-care company said Chief Executive Michael Neidorff would retire next year and the company will reconstitute its board as part of a deal with activist investment firm Politan Capital Management.
4. AMC Entertainment AMC | Up 5.3%
Shares of AMC Entertainment (AMC) – Get AMC Entertainment Holdings, Inc. Class A Report bounced back Tuesday after dropping 15% on Monday. Last week AMC Chief Executive Adam Aron and Chief Financial Officer Sean Goodman both sold stock in the company, CNBC reported.
5. Terminix TMX | Up 17%
Shares of Terminix (TMX) – Get Terminix Global Holdings Inc Report jumped after the pest-control company agreed to be acquired by Rentokil, a U.K. rival, for what Barron’s reported as $55 a share of cash and stock.