Why These 5 Stocks Surged on Wednesday

3. Xilinx, Inc. (NASDAQ:XLNX) rose 5.22% in anticipation of the company’s earnings release. Xilinx, Inc. (NASDAQ:XLNX) stock may also be rallying due to AMD CEO’s recent comments that the company is making good progress on the pending merger between the two companies. Millennium Management was long more than 2.26 million shares of Xilinx, Inc. (NASDAQ:XLNX) at the end of June.