U.S. stocks traded higher, with the Dow Jones gaining over 100 points on Thursday. Here are some big stocks recording gains in today’s session.
- Consolidated Communications Holdings, Inc. CNSL shares surged 35.5% to $3.74 after Searchlight Capital and BCI submitted a non-binding proposal to acquire all outstanding shares of Consolidated Communications not owned by Searchlight or BCI for $4 per share.
- ImmunityBio, Inc. IBRX gained 17% to $1.80.
- Sana Biotechnology, Inc. SANA rose 15% to $4.32.
- CRISPR Therapeutics AG CRSP gained 14.9% to $49.96 after Cantor Fitzgerald initiated coverage on the stock with an Overweight rating and a $72 price target.
- Editas Medicine, Inc. EDIT jumped 13.8% to $7.24.
- WW International, Inc. WW climbed 13.3% to $7.35.
- Cipher Mining Inc. CIFR gained 13.1% to $2.6690.
- CBL International Limited BANL jumped 12.8% to $15.65.
- Karyopharm Therapeutics Inc. KPTI gained 11.5% to $4.26.
- Verve Therapeutics, Inc. VERV rose 11.4% to $15.27 after Canaccord Genuity initiated coverage on the stock with a Buy rating and a $29 price target.
- AlloVir, Inc. ALVR gained 11% to $3.94.
- Intellia Therapeutics, Inc. NTLA gained 11% to $38.40 after Canaccord Genuity initiated coverage on the stock with a Buy rating and a $66 price target.
- Magnite, Inc. MGNI rose 10.1% to $9.52 after B. Riley Securities initiated coverage on the stock with a Buy rating and a $15 price target.
- Allogene Therapeutics, Inc. ALLO gained 9.6% to $5.03.
- HUTCHMED (China) Limited HCM rose 9.5% to $16.99.
- Marathon Digital Holdings, Inc. MARA gained 9.5% to $10.90.
- Scilex Holding Company SCLX gained 7.9% to $15.97.
- Chegg, Inc. CHGG rose 7.6% to $18.05.
- Pacific Biosciences of California, Inc. PACB gained 7% to $11.53.
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