U.S. stocks were lower, with the Nasdaq Composite falling more than 100 points on Monday.
Shares of DigitalBridge Group Inc (NYSE:DBRG) rose sharply during Monday’s session after the company announced it will be acquired by SoftBank Group for a total enterprise value of approximately $4.0 billion.
DigitalBridge Group shares jumped 9.9% to $15.30 on Monday.
Here are some other big stocks recording gains in today’s session.
- Eightco Holdings Inc (NASDAQ:ORBS) shares jumped 29.1% to $2.15 after the company announced a share buyback program for up to $125 million.
- Palisade Bio Inc (NASDAQ:PALI) surged 18.6% to $2.55. Piper Sandler analyst Yasmeen Rahimi initiated coverage on Palisade Bio with an Overweight rating and announced a price target of $25.
- Regencell Bioscience Holdings Ltd (NASDAQ:RGC) gained 16.3% to $24.60.
- Praxis Precision Medicines Inc (NASDAQ:PRAX) surged 13% to $304.00 after the FDA granted the company Breakthrough Therapy Designation for ulixacaltamide.
- Zura Bio Ltd (NASDAQ:ZURA) gained 13% to $5.26.
- Precigen Inc (NASDAQ:PGEN) gained 8.6% to $4.52.
- Autolus Therapeutics PLC (NASDAQ:AUTL) jumped 7.8% to $1.80. Needham analyst Gil Blum maintained Autolus Therapeutics with a Buy and raised the price target from $10 to $11.
- LightPath Technologies Inc (NASDAQ:LPTH) gained 6.6% to $9.62.
- NGL Energy Partners LP (NYSE:NGL) surged 6.3% to $9.98.
- Six Flags Entertainment Corp (NYSE:FUN) gained 5% to $15.64.
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