Cava — Shares jumped 4.4% after Argus upgraded the Mediterranean food chain to buy from hold, saying investors should buy the dip.
Cava has a "long runway to growth," the firm said.
Nvidia — Shares rose 1.7% as the "Magnificent Seven" leader tried to claw its way out of correction territory .
Earnings came in at 45 cents per share, 9 cents ahead of the 36 cents expected by analysts polled by LSEG.
Alibaba — Shares rose 1.2% on news that Jack Ma, co-founder of the China-based e-commerce company, touted Alibaba's management and talked about the potential for AI in an internal memo to employees.
Persons:
Truist, Cava —, William Blair, Vital, Jefferies, Wednesday's, Albemarle, Jack Ma, Samantha Subin, Michelle Fox Theobald, Lisa Kailai Han
Organizations:
Hoka, Argus, Nvidia, Vital, Mizuho, Zillow, National Association of Realtors, GoodRx Holdings, Delta Air Lines, LSEG, Bank of America, Taiwan Semiconductor Manufacturing
Locations:
Cava, China