RPM International, Lamb Weston and a few other major stocks advance on Wednesday

U.S. stocks traded lower, with the Dow Jones losing more than 300 points on Wednesday. Here are some prominent stocks making gains in today's session.

Shares of Nauticus Robotics, Inc. KITT soared 50.7% to $4.8520 after the company announced it had been awarded a second multimillion-dollar contract by the U.S. Defense Innovation Unit to develop a unmanned amphibious system. FaZe Holdings Inc. FAZE gained 23% to $6.10. FaZe recently released a filing showing the issuance of approximately 5.92 million common shares, the resale of approximately 64 million common shares, and the resale of approximately 173,000 warrants. Immunovant, Inc. IMVT gained 8.1% to $8.83. Immunovant recently announced the price of an underwritten offering of $75 million common stock. IVERIC bio, Inc. ISEE jumped 5.7% to $20.90. Acumen Pharmaceuticals, Inc. ABOS rose 4.2% to $9.95 after BTIG maintained a buy rating on the stock and raised its price target from $15 to $22. D-Wave Quantum Inc. QBTS gained 4.2% to $7.57. RPM International Inc. RPM rose 2.8% to $92.36 after the company reported better-than-expected first-quarter results and released guidance. Lamb Weston Holdings, Inc. LW gained 2.7% to $81.00 after the company reported better-than-expected first-quarter EPS.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.