Spirit AeroSystems, Oyster Point Pharma, Snap And Other Big Gainers From Monday

Author: Lisa Levin | November 08, 2022 03:00am

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

• Digital World Acquisition Corp. (NASDAQ:DWAC) shares climbed 66.5% to settle at $29.10 on Monday amid recent reports suggesting Donald Trump could announce a 2024 presidential run this week. Digital World Acquisition Corp is the business combination partner of Trump Media & Technology Group.
• Oyster Point Pharma, Inc. (NASDAQ:OYST) surged 38.6% to close at $11.57 after the company announced it will be acquired by Viatris for $11 per share.
• Veru Inc. (NASDAQ:VERU) shares gained 34.5% to settle at $14.44 following publication of briefing documents ahead of the Nov. 9 FDA Adcom meeting for its COVID-19 treatment candidate.
• ACM Research, Inc. (NASDAQ:ACMR) gained 27.7% to close at $8.44 after Jefferies upgraded the stock from Underperform to Hold.
• Eagle Pharmaceuticals, Inc. (NASDAQ:EGRX) rose 25.9% to close at $39.73 after the company reported better-than-expected Q3 results.
• Tupperware Brands Corporation (NYSE:TUP) gained 25.9% to settle at $5.06. Richard Goudis, Executive Vice Chair at Tupperware Brands, reported a large insider buy on November 7, according to a new SEC filing.
• Certara, Inc. (NASDAQ:CERT) climbed 19.6% to close at $12.73 after Arsenal Capital Partners increased its investment in the company with a $449 million stock purchase.
• Syneos Health, Inc. (NASDAQ:SYNH) gained 16.7% to $30.00. The stock may be rebounding after falling last week following worse-than-expected Q3 results and reduced FY22 revenue guidance.
• Spirit AeroSystems Holdings, Inc. (NYSE:SPR) gained 16.2% to close at $27.22 after Wolfe Research upgraded the stock from Underperform to Peer Perform. The company also announced a private offering of $800 million of senior secured first lien notes due 2029.
• Napco Security Technologies, Inc. (NASDAQ:NSSC) gained 14.2% to close at $28.20 following strong Q1 results.
• Viatris Inc (NASDAQ:VTRS) gained 13.1% to close at $10.97 after the company announced it will acquire Oyster Point Pharma.
• Triumph Bancorp, Inc. (NYSE:TBK) gained 11.8% to close at $55.18. Triumph Bancorp commenced a modified "Dutch Auction" tender offer to repurchase up to $100 million of its common stock.
• Affiliated Managers Group, Inc. (NYSE:AMG) climbed 11.4% to close at $138.00 after the company reported better-than-expected Q3 EPS and sales results. The company also increased its buyback to a total of 5.8 million shares of common stock.
• Peabody Energy Corporation (NYSE:BTU) jumped 11.2% to settle at $30.01 after the company and Coronado ended merger talks on Sunday.
• bluebird bio, Inc. (NASDAQ:BLUE) gained 11.1% to close at $6.81 as the company posted a narrower quarterly loss.
• Daqo New Energy Corp. (NYSE:DQ) jumped 10.8% to settle at $51.10 after the company announced a $700 million buyback program. The company also announced that its subsidiaries Xinjiang Daqo and Inner Mongolia Daqo had signed a five-year high-purity polysilicon supply agreement with a company in China.
• Enel Chile S.A. (NYSE:ENIC) gained 10.6% to settle at $1.98.
• Sea Limited (NYSE:SE) jumped 10.1% to close at $48.47 after JP Morgan upgraded the stock from Neutral to Overweight.
• Comstock Resources, Inc. (NYSE:CRK) rose 10% to close at $20.28. The company recently posted upbeat Q3 results.
• DISH Network Corporation (NASDAQ:DISH) gained 9.9% to settle at $14.67.
• Snap Inc. (NYSE:SNAP) rose 9.5% to close at $10.01 in possible sympathy with Meta, which has gained amid reports suggesting it will announce layoffs this week.
• Cvent Holding Corp. (NYSE:CVT) gained 8.1% to settle at $5.87. Cvent Holding recently reported better-than-expected Q3 sales.

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