Mid-cap stocks took center stage last week, with nine notable performers. NASA awarded Quantum Computing Inc.’s (QUBT) Dirac-3 for imaging and data processing support, sending shares up by 162.79%.
BlackBerry Limited’s (BB) shares surged 37.17% after the company reported third-quarter results. Analysts revised their price forecast on the stock. Analyst Craig-Hallum raised its price forecast from $22 to $45 while maintaining a Buy rating for IonQ, Inc.’s (IONQ) stock.
Rigetti Computing’s (RGTI) shares rose 30.87%, driven by momentum towards Quantum-related companies. SoundHound AI’s (SOUN) shares climbed 28.65% after several notable announcements regarding conversational AI.
JP Morgan upgraded Xometry, Inc.’s (XMTR) stock from Neutral to Overweight and raised its price forecast from $25 to $45, causing a 19.88% increase in share value.
NBA Hall of Famer Shaquille O’Neal added a custom Lucid Group, Inc.’s (LCID) air to his list of vehicles, boosting shares by 17.05%. Oklo Inc.’s (OKLO) stock rose 16.14% after signing a non-binding Master Power Agreement with Switch.
Azenta, Inc.’s (AZTA) shares increased 12.24% after Stephens & Co. upgraded the stock to Overweight from Equal-Weight and raised its price forecast from $50 to $60.
Source: https://www.benzinga.com/news/mid-cap/24/12/42638880/quantum-computing-blackberry-and-lucid-group-are-among-top-mid-cap-gainers-last-week-december-16-20-are-the-others-in-your-portfolio