VHI - Hot Stocks: UPST PTON plunge on earnings news; BHVN soars on PFE deal; VHI sets high

The major U.S. equity indices put in a mixed performance on Tuesday, stabilizing after the declines that have rocked Wall Street in recent days. The S&P 500 and Nasdaq finished higher, while the Dow posted mild losses. Food distribution stocks were among the gainers on the day. Strong earnings from industry heavyweight Sysco prompted gains in peers Performance Food Group (PFGC), U.S. Foods Holding Corp. (USFD), The Chefs' Warehouse (CHEF) and G. Willi-Food International (WILC). Biohaven (BHVN) represented another standout gainer on the session. The stock expanded its value by more than two-thirds on a takeover deal with Pfizer (PFE). Valhi (VHI) also showed strength, extending gains from last week to set a new 52-week high. On the other side of the ledger, Upstart (NASDAQ:UPST) plummeted almost 60% after its latest earnings report included weak guidance. Peloton Interactive (NASDAQ:PTON) also suffered in the wake of earnings news, sliding to a

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Hot Stocks: UPST, PTON plunge on earnings news; BHVN soars on PFE deal; VHI sets high