U.S. stocks were slightly lower, with the Dow Jones index falling around 0.1% on Monday.
Shares of Prime Medicine, Inc. (NASDAQ:PRME) rose sharply during Monday's session after the company announced a strategic research collaboration and license agreement with Bristol Myers Squibb to develop reagents for the next generation of ex vivo T-cell therapies. Also, it announced that it is focusing its pipeline on a set of high value programs.
Prime Medicine shares jumped 39.6% to $4.8317 on Monday.
Here are some other big stocks recording gains in today's session.
- Uxin Limited (NASDAQ:UXIN) gained 28% to $6.68.
- UP Fintech Holding Limited (NASDAQ:TIGR) gained 26% to $5.80.
- Capricor Therapeutics, Inc. (NASDAQ:CAPR) shares jumped 25% to $12.43.
- LexinFintech Holdings Ltd. (NASDAQ:LX) rose 20% to $2.8750.
- Futu Holdings Limited (NASDAQ:FUTU) gained 18% to $101.15.
- iQIYI, Inc. (NASDAQ:IQ) gained 14% to $3.2250.
- NIO Inc. (NYSE:NIO) rose 13.8% to $7.42 after investors agreed to invest an aggregate of 3.3 billion yuan in its Nio China subsidiary while the company agreed to invest 10 billion yuan.
- ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) gained 12.4% to $23.71. Shares of US-listed Chinese companies traded higher on continued strength amid stimulus efforts. September PMI data beat estimates but factory activity fell, which may raise stimulus hopes.
- MINISO Group Holding Limited (NASDAQ:MNSO) climbed 9.5% to $18.76. Shares of US-listed Chinese companies traded higher on continued strength amid stimulus efforts. September PMI data beat estimates but factory activity fell, which may raise stimulus hopes.
- RLX Technology Inc. (NYSE:RLX) gained 8.6% to $1.8250.
- New Oriental Education & Technology Group Inc. (NYSE:EDU) gained 7.8% to $79.24.
- Li Auto Inc. (NASDAQ:LI) gained 7.4% to $27.69. Shares of US-listed Chinese companies traded higher on continued strength amid stimulus efforts. September PMI data beat estimates but factory activity fell, which may raise stimulus hopes.
- Structure Therapeutics Inc. (NASDAQ:GPCR) gained 6.5% to $44.45.
- Weibo Corporation (NASDAQ:WB) gained 6.2% to $10.52.
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