Western Digital, JinkoSolar, Lumentum Holdings And Other Big Stocks Moving Higher On Monday

U.S. stocks traded higher, with the Nasdaq Composite gaining more than 100 points on Monday. Here are some big stocks recording gains in today’s session.

  • ImmunityBio, Inc. IBRX shares rose 19.4% to $2.9600. The FDA recently accepted ImmunityBio's resubmission of its Biologics License Application for N-803 as complete.
  • Deciphera Pharmaceuticals, Inc. DCPH surged 18.5% to $12.03 after the company announced its study of patients with TGCT met its primary and secondary endpoint.
  • JinkoSolar Holding Co., Ltd. JKS gained 16% to $30.01 following better-than-expected quarterly results.
  • Daqo New Energy Corp. DQ climbed 15% to $26.82 following quarterly results.
  • Vitru Limited VTRU gained 14.4% to $14.46. Vitru is expected to report its third quarter 2023 financial results on Nov. 09, 2023.
  • Lumentum Holdings Inc. LITE gained 13.2% to $40.83 as the company announced plans to buy Cloud Light Technology for around $750 million.
  • Day One Biopharmaceuticals, Inc. DAWN surged 12.5% to $11.45 after the company announced the FDA accepted its NDA for tovorafenib in relapsed or progressive pediatric low-grade glioma, granted priority review and assigned a PDUFA date of April 30, 2024.
  • XPO, Inc. XPO rose 12.2% to $75.54 after the company reported better-than-expected third-quarter financial results.
  • HUTCHMED (China) Limited HCM gained 12.2% to $20.73.
  • BeiGene, Ltd. BGNE climbed 11.2% to $189.60. BeiGene recently said BRUKINSA received a positive recommendation from NICE in the UK for adult patients with chronic lymphocytic leukemia.
  • Cipher Mining Inc. CIFR rose 10.8% to $3.68.
  • Western Digital Corporation WDC gained 10.3% to $42.99 after the company reported first-quarter results and announced a plan to separate its HDD and Flash businesses.
  • NerdWallet, Inc. NRDS rose 9.5% to $10.22.
  • Alexander's, Inc. ALX climbed 8.8% to $194.99 following third-quarter results.
  • Spirit Realty Capital, Inc. SRC rose 8.8% to $35.22 after Realty Income agreed to acquire the company in a $9.3 billion all-stock transaction.
  • Pagaya Technologies Ltd. PGY gained 8.8% to $1.2200.
  • Zai Lab Limited ZLAB climbed 8.5% to $25.50.
  • Chart Industries, Inc. GTLS gained 7.7% to $118.43.
  • Viridian Therapeutics, Inc. VRDN rose 7.7% to $13.33 as the company named Stephen Mahoney as new Chief Executive Officer. The company unveiled next generation FcRn inhibitor programs and announced a $185 million private placement financing.
  • TG Therapeutics, Inc. TGTX gained 7.5% to $7.48.
  • Summit Therapeutics Inc. SMMT rose 6.6% to $1.93.
  • SJW Group SJW climbed 4.3% to $61.19 following strong quarterly results.

 

 

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