Moderna, BioNTech And Other Big Stocks Moving Higher On Monday

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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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