MNTS - Hot Stocks: Health care stocks rise; MNTS soars; RAD sets low; VAPO withdraws guidance

A late-day surge allowed the major U.S. equity averages to finish Thursday's trading with mild gains, reversing losses seen earlier in the day. The higher finish ended a two-day slide that included consecutive days of more than 2% declines from the Nasdaq. The health care sector helped buoy the market, as investors sought safe bets in a volatile market. Charles River Laboratories (CRL), Thermo Fisher Scientific (TMO), Pfizer (PFE) and Bristol-Myers Squibb (BMY) were among the names benefiting from the upswing. Elsewhere in the market, Momentus (MNTS) represented one of the day's standout gainers, climbing almost 50% as it pushes the development of its reusable space tug forward. Costco (COST) advanced as well, with strong monthly sales data sending the stock to a new 52-week high. On the other side of the spectrum, Vapotherm (VAPO) plunged after the company withdrew its 2022 guidance. Rite Aid (NYSE:RAD) dropped as well, with

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Hot Stocks: Health care stocks rise; MNTS soars; RAD sets low; VAPO withdraws guidance