U.S. stocks were higher, with the Dow Jones index gaining more than 200 points on Monday.
Shares of Apogee Therapeutics Inc (NASDAQ:APGE) rose sharply on Monday.
AbbVie Inc. (NYSE:ABBV) announced Monday that it has agreed to acquire Apogee Therapeutics in a cash deal valued at approximately $10.9 billion.
AbbVie will pay $135.11 per share in cash for all outstanding Apogee shares.
Apogee Therapeutics shares jumped 46.8% to $132.66 on Thursday.
Here are some other big stocks recording gins in today’s session.
- Definium Therapeutics Inc (NASDAQ:DFTX) shares jumped 53.5% to $37.60 after the company announced topline results from Emerge.
- HIVE Digital Technologies Ltd (NASDAQ:HIVE) shares surged 21.8% to $5.19.
- Shutterstock Inc (NYSE:SSTK) gained 20% to $15.86.
- Baldwin Insurance Group, Inc (NASDAQ:BWIN) shares jumped 17.8% to $23.85 after JP Morgan upgraded the stock from Neutral to Overweight and raised its price target from $25 to $28.
- Icecure Medical Ltd (NASDAQ:ICCM) gained 17.5% to $6.35.
- Oruka Therapeutics Inc (NASDAQ:ORKA) shares jumped 16.3% to $84.17.
- Chronoscale Corp (NASDAQ:CHRN) gained 16.3% to $27.14.
- United Microelectronics Corp (NYSE:UMC) jumped 15.8% to $27.88.
- MoonLake Immunotherapeutics (NASDAQ:MLTX) gained 15.5% to $22.20 after the company reported encouraging 52-week results from its Phase 3 VELA-1 and VELA-2 studies evaluating sonelokimab (SLK) for moderate-to-severe hidradenitis suppurativa (HS).
- Fervo Energy (NASDAQ:FRVO) jumped 14.6% to $40.24 following first-quarter results.
- Super Micro Computer Inc (NASDAQ:SMCI) gained 14% to $34.94.
- MARA Holdings Inc (NASDAQ:MARA) jumped 13.7% to $16.18.
- Keel Infrastructure Corp (NASDAQ:KEEL) gained 13.3% to $7.13.
- Credo Technology Group Holding Ltd (NASDAQ:CRDO) jumped 11.5% to $303.14 after Evercore ISI Group initiated coverage on the stock with an Outperform rating and announced a $325 price target.
- Kymera Therapeutics Inc (NASDAQ:KYMR) jumped 10.8% to $100.22.
- BlackBerry Ltd (NYSE:BB) jumped 9.4% to $9.16.
- Visteon Corp (NASDAQ:VC) gained 9% to $124.03. JP Morgan analyst Rajat Gupta upgraded Visteon from Neutral to Overweight and raised the price target from $108 to $165.
- Maxlinear Inc (NASDAQ:MXL) rose 8.8% to $96.56.
- ON Semiconductor Corp (NASDAQ:ON) gained 7.5% to $130.73.
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