Aehr Test Systems, CareDx, Okta And Other Big Stocks Moving Higher On Thursday

U.S. stocks were mixed, with the Dow Jones index gaining around 0.1% on Thursday.

Shares of Aehr Test Systems (NASDAQ:AEHR) rose sharply following a record $41 million production order from a lead hyperscale AI customer.

The significant order is expected to enhance the company's position in the semiconductor testing market as it ramps up production capabilities for AI processors, which is reflected in the stock's strong performance today as broader markets edged higher.

Aehr Test Systems shares jumped 15.6% to $84.65 on Thursday.

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

• Xanadu Quantum Technologies (NASDAQ:XNDU) shares jumped 41% to $35.51. Shares of quantum computing-related companies traded higher amid continued strength after NVIDIA recently announced the launch of Ising open source quantum AI models.
• CareDx Inc (NASDAQ:CDNA) gained 16.7% to $20.51 after the company announced it has entered into a definitive agreement to divest its Lab Products business to EuroBio Scientific. The company reported a year-over-year increase in preliminary Q1 revenue results.
• Corvex, Inc (NASDAQ:MOVE) gained 16.5% to $17.16.
• Sigma Lithium Corp (NASDAQ:SGML) gained 15.1% to $20.97.
• Nextnav Inc (NASDAQ:NN) rose 13.8% to $19.32. Oppenheimer analyst Timothy Horan upgraded NextNav from Perform to Outperform and announced a $25 price target.
• Planet Labs PBC (NYSE:PL) shares jumped 10.2% to $37.91
• Allogene Therapeutics Inc (NASDAQ:ALLO) gained 10.1% to $2.39. HC Wainwright & Co. analyst Robert Burns maintained Allogene Therapeutics with a Buy and lowered the price target from $12 to $11.
• ChipMOS Technologies Inc – ADR (NASDAQ:IMOS) jumped 9.6% to $47.21.
• Merlin Inc (NASDAQ:MRLN) gained 9.5% to $15.65, possibly in response to Secretary of War Hegseth and Chairman of the Joint Chiefs of Staff’s press conference at the Pentagon. Also, Roth Capital maintained a Buy rating on the stock and raised its price target from $15 to $25.
• Horizon Quantum Holdings Ltd (NASDAQ:HQ) rose 9.2% to $13.36. Horizon Quantum's subsidiary and AQT announced a collaboration to advance the development of real-world quantum computing applications via increased hardware-software integration.
• Vishay Intertechnology Inc (NYSE:VSH) gained 9.1% to $25.91.
• Opendoor Technologies Inc (NASDAQ:OPEN) rose 8.6% to $5.24.
• Rocket Lab Corp (NASDAQ:RKLB) rose 7.8% to $79.40.
• Okta Inc (NASDAQ:OKTA) gained 7.2% to $72.18. Raymond James analyst Adam Tindle upgraded Okta from Market Perform to Outperform and announced a price target of $85.
• Firefly Aerospace Inc (NASDAQ:FLY) rose 5.3% to $39.60.

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