Avis Budget, Scholastic And Other Big Gainers From Monday

Author: Lisa Levin | October 25, 2022 04:36am

U.S. stocks closed higher on Monday, with the Dow Jones gaining over 400 points. Here is the list of some big stocks recording gains in the previous session.

• Vaxcyte, Inc. (NASDAQ:PCVX) shares surged 60.4% to close at $33.00 on Monday after the company announced positive topline results from the Phase 1/2 clinical proof-of-concept study evaluating the safety, tolerability and immunogenicity of VAX-24.
• Novonix Limited (NASDAQ:NVX) climbed 22.1% to close at $7.57. NOVONIX was recently selected for $150 million grant from U.S. Department of Energy.
• Avis Budget Group, Inc. (NASDAQ:CAR) gained 16.6% to close at $220.83 after analysts at JP Morgan upgraded their rating of the stock from Neutral to Overweight.
• Sutro Biopharma, Inc. (NASDAQ:STRO) rose 14.7% to close at $6.47.
• Eve Holding, Inc. (NASDAQ:EVEX) gained 11.9% to close at $10.95.
• Pear Therapeutics, Inc. (NASDAQ:PEAR) surged 10.7% to close at $2.57. Pear Therapeutics announced publication of real-world data showing high rates of engagement, retention and abstinence with reset.
• Scholastic Corporation (NASDAQ:SCHL) shares gained 10.4% to close at $37.13 after the company announced an up to $75 million buyback through a modified "Dutch Auction" tender offer.
• Marathon Digital Holdings, Inc. (NASDAQ:MARA) gained 10.3% to close at $12.90.
• Covenant Logistics Group, Inc. (NASDAQ:CVLG) climbed 9.4% to close at $36.86. Stephens & Co. maintained Covenant Logistics with an Equal-Weight and raised the price target from $35 to $40.
• Myovant Sciences Ltd. (NYSE:MYOV) shares rose 9.2% to close at $26.79 after the company agreed to be acquired by Japanese pharmaceutical company Sumitomo Pharma’s unit Sumitovant Biopharma in a $1.7 billion deal.
• Pearson plc (NYSE:PSO) rose 8.9% to close at $10.85.
• Novavax, Inc. (NASDAQ:NVAX) gained 7.6% to close at $20.81.
• Snap Inc. (NYSE:SNAP) surged 7.1% to close at $8.31, potentially rebounding following recent weakness after the company reported Q3 financial results.
• American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) gained 7.1% to close at $8.55.
• HCA Healthcare, Inc. (NYSE:HCA) gained 7% to close at $210.36 after multiple analysts maintained bullish ratings on the stock following the company's Q3 financial results.
• Spotify Technology S.A. (NYSE:SPOT) surged 6.7% to close at $94.66.

Posted In: AXL CAR CVLG EVEX HCA MARA MYOV NVAX NVX PCVX PEAR PSO SCHL SNAP SPOT STRO