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

Concept image of a businessman riding a bull on an upwards arrow.
Healthcare Shares

How CSL shares skyrocketed 39% in August

Investors sent CSL shares rocketing 39% in August. But why?

Read more »

Hands reaching high for a trophy with a sunset in the background.
Share Gainers

The 5 best ASX 200 stocks to buy and hold in August revealed

Investors sent these five ASX 200 stocks rocketing 35% to 44% in August. But why?

Read more »

Three children wearing athletic short and singlets stand side by side on a running track wearing medals around their necks and standing with their hands on their hips.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a bleak start to the week this Monday.

Read more »

An old-fashioned panel of judges each holding a card with the number 10
Share Gainers

Here are the top 10 ASX 200 shares today

It was a happy end to the week for investors this Friday.

Read more »

Man rocketing in the sky.
Share Gainers

3 ASX 200 stocks, including Paladin Energy, storming higher on earnings results this week

Investors sent Paladin Energy shares and these two popular ASX 200 stocks soaring following strong earnings results.

Read more »

Three rock climbers hang precariously off a steep cliff face, each connected to the other with the higher person holding on and the two below them connected by their arms and rope but not making contact with the cliff face.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a rather nasty Thursday session for investors.

Read more »

Three women athletes lie flat on a running track as though they have had a long hard race where they have fought hard but lost the event.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a disappointing showing from the market this hump day.

Read more »

Ten happy friends leaping in the air outdoors.
Share Gainers

Here are the top 10 ASX 200 shares today

Investors enjoyed another exciting session this Tuesday.

Read more »