Wolfspeed, Genesco, PacWest Bancorp And Other Big Stocks Moving Higher On Monday - Belite Bio (NASDAQ:BLTE)

U.S. stocks traded mixed, with the Nasdaq Composite gaining around 60 points on Monday. Here are some big stocks recording gains in today’s session.

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U.S. stocks traded mixed, with the Nasdaq Composite gaining around 60 points on Monday. Here are some big stocks recording gains in today’s session.

MoonLake Immunotherapeutics (NASDAQ:MLTX) jumped 75% to $45.50 after the company's Phase 2 study for Nanobody sonelokimabint met its primary endpoint in hidradenitis suppurativa.
Acelyrin, Inc. (NASDAQ:SLRN) shares jumped 35% to $23.81.
ORIC Pharmaceuticals, Inc. (NASDAQ:ORIC) gained 17% to $7.59. ORIC Pharmaceuticals announced $85 million private placement financing.
Identiv, Inc. (NASDAQ:INVE) rose 15.7% to $8.31. B. Riley Securities upgraded Identiv from Neutral to Buy and raised the price target from $10 to $11.
SL Green Realty Corp. (NYSE:SLG) surged 15.5% to $27.19.
Lucid Group, Inc. (NASDAQ:LCID) climbed 13% to $6.18 after the company announced a technology partnership with Aston Martin to integrate, supply Lucid's electric vehicle powertrain and battery systems in contracts worth in excess of $450 million.
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) gained 12.7% to $0.2556.
Altice USA, Inc. (NYSE:ATUS) rose 11.7% to $2.38.
Vornado Realty Trust (NYSE:VNO) climbed 10.5% to $16.08.
IonQ, Inc. (NYSE:IONQ) gained 10.1% to $10.32. Needham maintained IonQ with a Buy and raised the price target from $9 to $11.
PacWest Bancorp (NASDAQ:PACW) climbed 10% to $7.95 after Ares Management acquired the bank's $3.5 billion specialty finance loan portfolio.
Weave Communications, Inc. (NYSE:WEAV) surged 9.5% to $10.00 after Loop Capital upgraded the stock from Hold to Buy and raised its price target from $5 to $13.
Canopy Growth Corporation (NASDAQ:CGC) gained 9.1% to $0.5651.
Ispire Technology Inc. (NASDAQ:ISPR) jumped 8.4% to $7.59.
Belite Bio, Inc (NASDAQ:BLTE) rose 8% to $12.18.
Genesco Inc. (NYSE:GCO) surged 7.3% to $25.68. Genesco said its board of directors had authorized a $50 million increase to its existing $200 million share repurchase authorization.
Structure Therapeutics Inc. (NASDAQ:GPCR) gained 7.1% to $31.40.
Coinbase Global, Inc. (NASDAQ:COIN) climbed 7% to $65.74. The US Supreme Court ruled for the company in its bid to halt court proceedings as the company seeks to move customer litigation into arbitration.
Wolfspeed, Inc. (NYSE:WOLF) gained 6.6% to $52.71 after the company received a $1.25 billion investment led by Apollo.