Why Calix, Chrysos, Inghams, and Life360 shares are pushing higher today

These ASX shares are having a good session. Let's find out why.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) is fighting hard to stay in positive territory on Tuesday afternoon. At the time of writing, the benchmark index is up 0.1% to 6,780.5 points.

Four ASX shares that are rising more than most today are listed below. Here's why they are pushing higher:

A man sees some good news on his phone and gives a little cheer.

Image source: Getty Images

Calix Ltd (ASX: CXL)

The Calix share price is up 7.5% to $2.68. On Monday, this environmental technology company announced a binding and perpetual global licence agreement with direct air capture (DAC) company, Heirloom Carbon Technologies. Calix's Leilac technology will be used at all future Heirloom DAC facilities.

Chrysos Corporation Ltd (ASX: C79)

The Chrysos share price is up 11% to $6.80. This follows news that the assay services provider has signed a deal with one of the world's largest gold miners. Chrysos' international laboratory business, MSALABS, will deliver its PhotonAssay technology to Barrick Gold Corp (NYSE: GOLD) mine sites across four continents.

Inghams Group Ltd (ASX: ING)

The Inghams share price is up 7% to $3.65. Investors have been buying this poultry producer's shares after it released a trading update and provided guidance for the first half. Management advised that it expects underlying net profit after tax to rise by 110% to $71 million. Though, this is dependent on a number of factors, such as wholesale pricing remaining consistent through to the end of the half.

Life360 Inc (ASX: 360)

The Life360 share price is up 5% to $7.77. This is despite there being no news out of the location technology company. However, a number of brokers have recently put out bullish broker notes. They appear confident that Life360 will report very strong numbers when it releases its update next month.

Motley Fool contributor James Mickleboro has positions in Life360. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Chrysos and Life360. The Motley Fool Australia has positions in and has recommended Chrysos. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Gainers

Man in a business suit leaps off a boulder in front of a blue sky.
Share Gainers

3 ASX 200 stocks surging 13% to 36% in this shortened trading week

Investors sent these three ASX 200 stocks flying higher following the Easter break. But why?

Read more »

Three happy office workers cheer as they read about good financial news on a laptop.
Share Gainers

Why Amaero, Mesoblast, Telix, and Tivan shares are charging higher today

These shares are ending the week on a high. But why?

Read more »

Stock market chart in green with a rising arrow symbolising a rising share price.
Energy Shares

Up 635% in one year, guess which ASX energy share is rocketing again on Friday

Investors are bidding up this surging ASX energy share again today. But why?

Read more »

Man drawing an upward line on a bar graph symbolising a rising share price.
Share Gainers

Why Bendigo Bank, EBR Systems, Strickland, and Woodside shares are rising today

These shares are rising on Thursday. But why? Let's find out.

Read more »

A man clenches his fists with glee having seen the share price go up on the computer screen in front of him.
BNPL shares

Are Zip shares still a buy after soaring 20%

Zip shares are now 67% higher than this time 12 months ago.

Read more »

a man sits at his desk wearing a business shirt and tie and has a hearty laugh at something on his mobile phone.
Share Gainers

Why Bank of Queensland, Guzman Y Gomez, NextDC, and Telix shares are racing higher today

These shares are starting the week in a positive fashion. But why?

Read more »

An old-fashioned news boy stands on a stool and yells through a microphone in an open field.
Share Market News

Why is everyone talking about Telix, Bank of Queensland and NextDC shares today?

Bank of Queensland, Telix, and NextDC shares are grabbing headlines on Tuesday. But why?

Read more »

Small chocolate bunnies.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a rough end to the short trading week.

Read more »