Moderna, BioNTech And Other Big Stocks Moving Higher On Monday

U.S. stocks traded mixed, with the Dow Jones falling around 150 points on Monday. Here are some big stocks recording gains in today’s session.

• Genelux Corporation GNLX gained 19.2% to $28.58. The company recently recently posted second-quarter results.
• Applied Optoelectronics, Inc. AAOI jumped 18% to $15.11. Applied Optoelectronics Form 4 Filing showed President and CEO Lin Chih-Hsiang (Thompson) bought 20,000 shares at an average price of $12.38/share.
• AlloVir, Inc. ALVR gained 17.7% to $3.3450.
• Earthstone Energy, Inc. ESTE jumped 15% to $18.66. Permian Resources penned a definitive acquisition deal to acquire Earthstone Energy for around $4.5 billion, including ESTE's net debt.
• Palo Alto Networks, Inc. PANW surged 14.8% to $240.80 after the company reported better-than-expected fourth-quarter earnings and issued strong billings outlook for the year.
• Archer Aviation Inc. ACHR climbed 13.6% to $7.00.
• XPeng Inc. XPEV gained 12.3% to $16.83 after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $16.3 to $22.
• Eos Energy Enterprises, Inc. EOSE surged 10% to $3.30.
• BioNTech SE BNTX gained 8% to $119.15 amid the EG.5 and FL.1.5.1 COVID variants.
• Moderna, Inc. MRNA rose 7.7% to $109.53. Moderna announced that preliminary clinical trial data confirm its updated COVID-19 vaccine for the fall 2023 vaccination season showed a significant boost in neutralizing antibodies against EG.5 and FL.1.5.1 variants.

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