U.S. stocks were lower, with the Dow Jones index falling more than 100 points on Monday.
Shares of IDEXX Laboratories, Inc. (NASDAQ:IDXX) rose sharply during Monday's session after the company reported better-than-expected quarterly earnings and revenue.
IDEXX Laboratories reported fourth-quarter adjusted EPS of $2.53, up 10% year-over-year, beating the consensus of $2.40.
The pet healthcare company reported sales of $954.3 million, beating the consensus of $934.99 million, up 6% on a reported and organic basis in the fourth quarter, driven by Companion Animal Group (CAG) growth of 6% as reported and organically to $870.47 million.
IDEXX Laboratories shares surged 10.2% to $465.13 on Monday.
Here are some other big stocks recording gains in today's session.
- GH Research PLC (NASDAQ:GHRS) shares jumped 75.4% to $18.59 after the company’s inhalable depression treatment GH001 met the primary endpoint in its Phase 2b trial, showing symptom reduction.
- Triumph Group, Inc. (NYSE:TGI) gained 34.2% to $25.16 after the company agreed to go private in a $3 billion deal backed by Warburg Pincus and Berkshire Partners.
- Kingsoft Cloud Holdings Limited (NASDAQ:KC) rose 24.3% to $15.62.
- zSpace, Inc. (NASDAQ:ZSPC) gained 23% to $21.72 after Roth MKM initiated coverage on the stock with a Buy rating and announced a price target of $20.
- Stratasys Ltd. (NASDAQ:SSYS) rose 19.2% to $11.10 after the company reported preliminary fourth-quarter revenue above estimates.
- GDS Holdings Limited (NASDAQ:GDS) gained 19% to $25.81.
- Qurate Retail, Inc. (NASDAQ:QRTEB) rose 15.2% to $2.42.
- Exodus Movement, Inc. (NYSE:EXOD) gained 10.3% to $55.00.
- 3D Systems Corporation (NYSE:DDD) gained 6.7% to $3.84.
- MakeMyTrip Limited (NASDAQ:MMYT) climbed 6.3% to $116.11.
- Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) rose 6.1% to $28.18. Dave & Buster’s announced appointment of Scott Ross to Board of Directors.
- Saia, Inc. (NASDAQ:SAIA) gained 5.5% to $506.77 following better-than-expected quarterly results.
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