US stocks ended the short week on a strong note, with several large-cap stocks posting sharp gains.
VinFast Auto Ltd., Alcoa Corporation and Regencell Bioscience Holdings Limited led the rally amid optimistic sector sentiment and company-specific catalysts.
VinFast Auto Ltd. (NASDAQ:VFS) jumped 42.77% this week. The company is seeing strong momentum around its electric vehicles in its home country, while rebates in Canada are increasing accessibility and demand for its VF 8 model in North America.
Alcoa Corporation (NYSE:AA) rose 24.12% this week. Stocks of aluminum-related companies are rising as expectations for a quick conclusion to the Middle East conflict boost bullish sentiment in the commodities space.
SBA Communications Corporation (NASDAQ:SBAC) rose 23.22% this week, following a Bloomberg report suggesting the company was exploring a potential sale.
Equinox Gold Corp. (AMEX:EQX) rose 20.98% this week.
Regencell Bioscience Holdings Limited (NASDAQ:RGC) rose 15.01% this week after the company announced it had reached an agreement to sell shares worth up to $500 million as part of an at-the-market offering program.
Lumentum Holdings Inc. (NASDAQ:LITE) jumped 16.64% this week.
AngloGold Ashanti PLC (NYSE:AU) gained 18.93% this week.
CÅ“ur Mining, Inc. (NYSE:CDE) rose 18.42% this week.
Gold Fields Limited (NYSE:GFI) rose 18.18% this week.
TD SYNNEX Corporation (NYSE:SNX) jumped 18.67% this week.
