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

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.

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• 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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