U.S. stocks were lower, with the Dow Jones falling around 250 points on Monday.

Shares of Micron Technology, Inc. MU rose sharply during Monday’s session after B of A Securities maintained a Buy rating on the stock and raised its price target from $120 to $144.

Micron Technology shares climbed 6.6% to $125.69 on Monday.

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

  • Doma Holdings Inc. DOMA shares rose 34% to $6.08 after the company entered a merger transaction with TRG to go private at $6.29 per share in cash.
  • Mesoblast Limited MESO gained 22.4% to $6.13 after the FDA earlier in the week informed the company that the available clinical data from its Phase 3 study MSB-GVHD001 appears sufficient to support submission of the proposed Biologics License Application for remestemcel-L.
  • SolarMax Technology, Inc. SMXT rose 22.1% to $11.18.
  • Ouster, Inc. OUST shares jumped 19.8% to $9.51.
  • Jiuzi Holdings, Inc. JZXN gained 17.2% to $4.09.
  • Ballard Power Systems Inc. BLDP gained 16.4% to $3.2350 after the company announced the signing of a Long Term Supply Agreement with Solaris for the supply of 1,000 hydrogen fuel cell engines for the European transit bus market.
  • Iris Energy Limited IREN climbed 16% to $6.26. Cantor Fitzgerald analyst Josh Siegler reiterated Iris Energy with an Overweight and maintained a $10 price target.
  • Allego N.V. ALLG gained 15.2% to $1.67.
  • GigaCloud Technology Inc. GCT rose 13.3% to $30.26.
  • ZimVie Inc. ZIMV gained 12.6% to $18.56. ZimVie announced closing of sale of spine business to an affiliate of H.I.G. Capital for $375 million in total consideration.
  • DouYu International Holdings Limited DOYU gained 12% to $7.38.
  • COMPASS Pathways plc CMPS gained 10.6% to $9.20. Morgan Stanley analyst Vikram Purohit initiated coverage on Compass Pathways with an Overweight rating and announced a price target of $30.
  • Coeur Mining, Inc. CDE rose 9.6% to $4.1350 amid strength in precious metals stocks as gold rises on rate cut hopes.
  • Trip.com Group Limited TCOM climbed 7.6% to $47.24. Citigroup analyst Brian Gong maintained Trip.com Group with a Buy and raised the price target from $53 to $55.
  • NexGen Energy Ltd. NXE gained 7% to $8.31.
  • Western Digital Corporation WDC rose 5.7% to $72.13.
  • The Chemours Company CC gained 6.4% to $27.94. Chemours recently said it identified four material weaknesses amid its internal control over financial reporting.

 

Now Read This: Insiders Buying Outlook Therapeutics And 2 Other Stocks

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!