Tesla, Krispy Kreme, McCormick and other big stocks rise Tuesday – Tesla (NASDAQ:TSLA), McCormick & Co (NYSE:MKC), Krispy Kreme (NASDAQ:DNUT)

US stocks rose on Tuesday, with the Dow Jones index gaining about 50 points.

Shares of Tesla Inc TSLA rose sharply during Tuesday’s session after reports suggested Italy turned to the company to produce electric trucks.

Numerous reports highlight new news from Italian newspaper Il Sole 24 Ore, suggesting that officials from Italy’s Ministry of Industry have contacted Tesla regarding potential production of electric trucks in the country.

Tesla shares rose 5.8% to $182.65 on Tuesday.

Here are some other big stocks that posted losses in today’s session.

• Praxis Precision Medicines Inc PRACTICE shares jumped 31.9% to $66.63 after the company reported results from a Phase 2a proof-of-concept study evaluating PRAX-628 in epileptic patients with PPR.
• Nuvation Bio Inc NUVB rose 24.4% to $2.80 after BTIG upgraded the stock from Neutral to Buy.
• Krispy Kreme, Inc. WILDEBEEST rose 21.3% to $15.10 after the company and McDonald’s expanded their partnership, with Krispy Kreme to provide donuts at McDonald’s locations nationwide.
• Sunnova Energy International Inc NOVA shares rose 16.4% to $6.28 after the company announced it will be the sole provider of solar energy and battery storage services at The Home Depot stores in the United States and its territories.
• Reddit Inc RDDT gained 15.8% to $69.26 amid post-IPO volatility.
• Canopy Growth Corp CGC shares rose 15.6% to $7.17.
• Invivyd Inc IVVD gained 15.2% to $3.72 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $4 to $10.
• Qura Retail Inc QRTEB gained 13.7% to $4.40.
• Vitamin Cottage Inc. Natural Groceries NGVC gained 13.4% to $19.25.
• SNDL Inc SNDL gained 10.1% to $1.90.
• Seagate Technology Holdings PLC STX rose 9.2% to $96.33 after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $73 to $115.
• Summit Therapeutics Inc SMMT gained 9.2% to $3.58 after Stifel initiated coverage on the stock with a buy rating and $8 price target.
• AppFolio Inc APPF gained 9.1% to $247.11 after it was announced that the stock will join the S&P MidCap 400 Index.
• McCormick & Company Inc MKC rose 9% to $76.24 after the company reported better-than-expected first-quarter financial results.
• IHS Holding Ltd IHS rose 7.6% to $3.74.
• StoneCo Ltd STNE gained 7.6% to $17.04.
• Tandem Diabetes Care Inc TNDM rose 7.5% to $32.37 after Stifel upgraded the stock from Hold to Buy.
• Western Digital Corporation WDC gained 5% to $68.21.
• Foot Locker Inc Florida gained 4.8% to $27.12.

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