Stocks ended mixed Tuesday, with the Dow Jones Industrial Average posting its second straight record high close.
Here are some of the market’s biggest gainers for Tuesday:
1. Ford | Increase 12%
Ford (F) – Get Ford Motor Company Report shares powered higher after the automaker said it is planning to nearly double production capacity of the all-electric F-150 Lightning pickup to 150,000 vehicles per year at its Dearborn, Mich., facility “to meet soaring customer demand.”
2. Halliburton | Increase 6%
Shares of Halliburton (HAL) – Get Halliburton Company Report advanced after Morgan Stanley analyst Connor Lynagh upgraded the oilfield services company to overweight from equal weight and raised his price target to $30 from $28. Oil prices were also climbing on Tuesday.
3. Dow Inc. | Increase 2.7%
Dow Inc. (DOW) – Get Dow, Inc. Report shares climbed after the chemical company recently launched Luxsense Silicone Synthetic Leather, the world’s first high-end silicone-based synthetic leather material. It is designed to meet specifications in transportation seating and interiors, furniture, fashion, wearable devices and consumer electronics with unique features.
4. NexTier Oilfield Solutions | Increase 27%
Shares of NexTier Oilfield (NEX) skyrocketed after the oil and gas equipment services company said it is expecting revenue in the fourth quarter of 2021 to come in between $500 million and $510 million, an increase of more than 25% compared to the third quarter. EBITDA is expected to be between $75 million and $80 million.