Western Digital, JinkoSolar, Lumentum Holdings And Other Big Stocks Moving Higher On Monday

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U.S. stocks traded higher, with the Nasdaq Composite gaining more than 100 points on Monday. Here are some big stocks recording gains in today’s session.

  • ImmunityBio, Inc. IBRX shares rose 19.4% to $2.9600. The FDA recently accepted ImmunityBio's resubmission of its Biologics License Application for N-803 as complete.
  • Deciphera Pharmaceuticals, Inc. DCPH surged 18.5% to $12.03 after the company announced its study of patients with TGCT met its primary and secondary endpoint.
  • JinkoSolar Holding Co., Ltd. JKS gained 16% to $30.01 following better-than-expected quarterly results.
  • Daqo New Energy Corp. DQ climbed 15% to $26.82 following quarterly results.
  • Vitru Limited VTRU gained 14.4% to $14.46. Vitru is expected to report its third quarter 2023 financial results on Nov. 09, 2023.
  • Lumentum Holdings Inc. LITE gained 13.2% to $40.83 as the company announced plans to buy Cloud Light Technology for around $750 million.
  • Day One Biopharmaceuticals, Inc. DAWN surged 12.5% to $11.45 after the company announced the FDA accepted its NDA for tovorafenib in relapsed or progressive pediatric low-grade glioma, granted priority review and assigned a PDUFA date of April 30, 2024.
  • XPO, Inc. XPO rose 12.2% to $75.54 after the company reported better-than-expected third-quarter financial results.
  • HUTCHMED (China) Limited HCM gained 12.2% to $20.73.
  • BeiGene, Ltd. BGNE climbed 11.2% to $189.60. BeiGene recently said BRUKINSA received a positive recommendation from NICE in the UK for adult patients with chronic lymphocytic leukemia.
  • Cipher Mining Inc. CIFR rose 10.8% to $3.68.
  • Western Digital Corporation WDC gained 10.3% to $42.99 after the company reported first-quarter results and announced a plan to separate its HDD and Flash businesses.
  • NerdWallet, Inc. NRDS rose 9.5% to $10.22.
  • Alexander's, Inc. ALX climbed 8.8% to $194.99 following third-quarter results.
  • Spirit Realty Capital, Inc. SRC rose 8.8% to $35.22 after Realty Income agreed to acquire the company in a $9.3 billion all-stock transaction.
  • Pagaya Technologies Ltd. PGY gained 8.8% to $1.2200.
  • Zai Lab Limited ZLAB climbed 8.5% to $25.50.
  • Chart Industries, Inc. GTLS gained 7.7% to $118.43.
  • Viridian Therapeutics, Inc. VRDN rose 7.7% to $13.33 as the company named Stephen Mahoney as new Chief Executive Officer. The company unveiled next generation FcRn inhibitor programs and announced a $185 million private placement financing.
  • TG Therapeutics, Inc. TGTX gained 7.5% to $7.48.
  • Summit Therapeutics Inc. SMMT rose 6.6% to $1.93.
  • SJW Group SJW climbed 4.3% to $61.19 following strong quarterly results.

 

 

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