U.S. stocks closed lower with the Dow Jones dropping more than 300 points on Monday. Here is the list of some big stocks recording gains in the previous session.

  • Melco Resorts & Entertainment Limited MLCO rose 25.5% to close at $6.65 after Macau officials signaled that COVID-19 travel restrictions will be lifted. Citigroup analyst George Choi also maintained Melco with a Buy rating and raised the price target from $11 to $11.50.
  • Inpixon INPX jumped 21.5% to close at $0.1407 after the company announced it signed a definitive merger agreement with KINS Technology for KINS to acquire Inpixon's enterprise apps business.
  • Wynn Resorts, Limited WYNN gained 12% to close at $66.80 after Macau officials signaled that COVID-19 travel restrictions will be lifted. Citigroup analyst George Choi also maintained Wynn with a Buy rating and raised the price target from $87.50 to $91.
  • Las Vegas Sands Corp. LVS climbed 11.8% to close at $39.66 after Macau officials signaled that COVID-19 travel restrictions will be lifted. Citigroup analyst George Choi also maintained Las Vegas Sands with a Buy rating and raised the price target from $58 to $60.
  • New Oriental Education & Technology Group Inc. EDU gained 9.7% to close at $24.17.
  • Chegg, Inc. CHGG climbed 9.1% to close at $20.67 after Needham upgraded the stock from Hold to Buy.
  • Cohn Robbins Holdings Corp. CRHC rose 8.3% to settle at $9.93. Allwyn AG and Cohn Robbins Holdings have mutually agreed not to proceed with their earlier proposed business combination.
  • Leslie's, Inc. LESL gained 8.3% to close at $14.57 following an announcement that the company will be included in the S&P SmallCap 600 index.
  • Mister Car Wash, Inc. MCW gained 7.7% to close at $9.29 following news the company will replace ExlService Holdings in the S&P SmallCap 600.
  • H World Group Limited HTHT jumped 6.2% to close at $35.30.
  • Li Auto Inc. LI gained 5.6% to settle at $26.39 as the stock reversed following earlier weakness. The stock fell after the company cut its Q3 vehicle delivery outlook. Broader Chinese stocks are also up amid hopes of China easing COVID-era travel restrictions.
  • Trip.com Group Limited TCOM surged 5.3% to close at $27.37 amid loosened travel restrictions to Macau.
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!