Ituran Location and Control Posts Q3 Results, Joins Crown Castle, Shopify And Other Big Stocks Moving Higher On Monday

U.S. stocks traded mostly lower, with the Dow Jones falling around 50 points on Monday.

Shares of Ituran Location and Control Ltd. ITRN gained during Monday’s session after the company reported third-quarter financial results.

The company posted quarterly earnings of 63 cents per share, up from 49 cents per share in the year-ago period. The company’s quarterly sales rose 12% to $81.05 million.

Ituran Location and Control shares gained 11.3% to $27.69 on Monday.

Here are some other big stocks recording gains in today’s session.

  • Affirm Holdings, Inc. AFRM surged 13.7% to $29.82 following reports of record 'buy now, pay later' predictions on Cyber Monday.
  • IRSA Inversiones y Representaciones Sociedad Anónima IRS shares jumped 12.4% to $9.13.
  • EHang Holdings Limited EH rose 12.1% to $19.71.
  • Xenon Pharmaceuticals Inc. XENE surged 10.2% to $31.93 after the company announced topline results from the Phase 2 proof-of-concept X-NOVA clinical trial of XEN1101 in MDD.
  • Applied Optoelectronics, Inc. AAOI climbed 8.8% to $14.19.
  • Corporación América Airports S.A. CAAP rose 8.1% to $14.56.
  • Global-e Online Ltd. GLBE climbed 7.4% to $33.95.
  • Telecom Argentina S.A. TEO gained 6.7% to $8.26.
  • Grupo Financiero Galicia S.A. GGAL rose 6.7% to $16.35.
  • DRDGOLD Limited DRD gained 5.8% to $9.19.
  • Roku, Inc. ROKU rose 5.8% to $100.51.
  • Crown Castle Inc. CCI rose 4.7% to $108.46 after activist fund Elliott took a $2 billion stake in the company and suggested operational improvements.
  • Teva Pharmaceutical Industries Limited TEVA gained 4.1% to $9.94 after UBS upgraded the stock from Neutral to Buy and raised its price target from $11 to $13.
  • Shopify Inc. SHOP gained 4% to $73.20 after the company announced that Shopify merchants set a Black Friday record with a combined $4.1 billion in sales.

 

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