U.S. stocks were mostly lower, with the Dow Jones index falling around 150 points on Monday.
Shares of KE Holdings Inc. BEKE rose sharply during Monday's session after the company reported better-than-expected second-quarter financial results and increased its repurchase authorization.
KE Holdings shares jumped 6.9% to $15.00 on Monday.
Here are some other big stocks recording gains in today's session.
- Revance Therapeutics, Inc. RVNC gained 85.4% to $6.54 after the company entered into a merger agreement with Crown Laboratories.
- Skeena Resources Limited SKE gained 13.8% to $6.50. The company, last week, posted a second-quarter loss.
- KeyCorp KEY shares surged 13% to $16.51 after Scotiabank acquired a 14.9% stake in the company.
- Montauk Renewables, Inc. MNTK climbed 13% to $4.84. Montauk Renewables, last week, reported worse-than-expected second-quarter financial results.
- New Fortress Energy Inc. NFE rose 12.2% to $14.64. Stifel analyst Benjamin Nolan maintained New Fortress Energy with a Buy and lowered the price target from $40 to $17.
- Climb Global Solutions, Inc. CLMB gained 11.6% to $87.98. Climb Global Solutions, last week, reported better-than-expected second-quarter adjusted EPS results.
- Paragon 28, Inc. FNA gained 8.4% to $7.20. The company, last week, reported second-quarter financial results and issued FY24 guidance below estimates
- Gatos Silver, Inc. GATO rose 8.4% to $11.53. The company, last week, posted upbeat quarterly earnings.
- monday.com Ltd. MNDY climbed 7.7% to $243.06 following better-thane-expected quarterly financial results.
- China Yuchai International Limited CYD gained 7.2% to $10.05 after the company reported unaudited 2024 first half-year financial results.
- Blend Labs, Inc. BLND rose 6.1% to $3.50 after Canaccord Genuity upgraded the stock from Hold to Buy.
- Century Aluminum Company CENX gained 6% to $13.35. The company, last week, posted upbeat quarterly sales.
- Payoneer Global Inc. PAYO rose 5.2% to $7.08. Payoneer announced commencement of an offer to purchase and consent solicitation relating to its warrants.
- Starbucks Corporation SBUX gained 3.5% to $77.69 following a report suggesting that activist investor Starboard Value has a stake in the company.
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