Sarepta Therapeutics, C3.ai, monday.com, And Other Big Stocks Moving Higher On Monday

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U.S. stocks traded lower, with the Dow Jones dropping around 100 points on Monday. Here are some big stocks recording gains in today’s session.

  • NeoGames S.A. NGMS shares surged 113.3% to $27.38 as the company agreed to be acquired by Aristocrat Leisure Limited for $29.50 per share in cash.
  • Sarepta Therapeutics, Inc. SRPT jumped 24% to $148.99 after the company announced the FDA voted in favor of its gene therapy to treat Duchenne muscular dystrophy late Friday. Multiple analysts raised price targets following the announcement.
  • Y-mAbs Therapeutics, Inc. YMAB gained 17.9% to $10.60. B of A Securities maintained Y-mAbs Therapeutics with a Neutral and raised the price target from $6 to $12.
  • DBV Technologies S.A. DBVT rose 17.7% to $2.33.
  • Magellan Midstream Partners, L.P. MMP rose 15.1% to $63.78 after the company announced it would merge with ONEOK.
  • Twist Bioscience Corporation TWST gained 14.3% to $13.66.
  • Eastside Distilling, Inc. EAST climbed 13.3% to $4.26 after posting a narrower-than-expected quarterly loss.
  • Latham Group, Inc. SWIM rose 13.2% to $3.77. Latham Group Director James Cline acquired a total of 50,000 shares at an average price of $3.40.
  • monday.com Ltd. MNDY gained 12.6% to $147.70 after the company announced 2023 revenue expectations above analyst estimates.
  • Archer Aviation Inc. ACHR gained 12.5% to $2.25.
  • Autolus Therapeutics plc AUTL rose 12.2% to $2.30.
  • Great Lakes Dredge & Dock Corporation GLDD gained 12% to $6.74.
  • Sana Biotechnology, Inc. SANA climbed 11.1% to $7.07.
  • C3.ai, Inc. AI gained 10.5% to $21.46 after the company reported strong preliminary financial results.
  • Allakos Inc. ALLK rose 10.2% to $4.99. Jefferies recently upgraded the stock from Hold to Buy and raised its price target from $6 to $9.
  • SandRidge Energy, Inc. SD gained 8.5% to $16.10 after the company announced a $2 per share special dividend.
  • ImmunityBio, Inc. IBRX climbed 8.3% to $2.4699.
  • HEICO Corporation HEI rose 7.7% to $178.85. HEICO agreed to acquire Wencor Group from affiliates of Warburg Pincus LLC and Wencor's management.
  • PacWest Bancorp PACW gained 7.1% to $4.87. PacWest Bancorp, last week, reported a decline in weekly deposits.
  • Columbia Banking System, Inc. COLB rose 5.2% to $19.38 after the company raised its quarterly dividend from $0.30 per share to $0.36 per share.

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