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Elanco Animal Health, Sovos Brands, Veritiv, Graham And Other Big Stocks Moving Higher On Monday

Author: Lisa Levin | August 07, 2023 10:19am

U.S. stocks traded higher, with the Dow Jones gaining around 300 points on Monday. Here are some big stocks recording gains in today’s session.

  • Vistagen Therapeutics, Inc. (NASDAQ:VTGN) shares gained 747.6% to $14.24 after the company announced its Phase 3 PALISADE-2 trial evaluating the efficacy, safety, and tolerability of fasedienol met the primary and secondary endpoints.
  • Sovos Brands, Inc. (NASDAQ:SOVO) climbed 25.2% to $22.56 after Campbell Soup announced it would acquire the company for $23 per share in cash.
  • Veritiv Corporation (NYSE:VRTV) rose 19.3% to $168.50 after the company announced it will be acquired by CD&R.
  • Graham Corporation (NYSE:GHM) gaiend 15.7% to $16.15 following better-than-expected quarterly results.
  • Applied Optoelectronics, Inc. (NASDAQ:AAOI) surged 15.1% to $12.69. Applied Optoelectronics recently reported better-than-expected second-quarter adjusted EPS results.
  • Holley Inc. (NYSE:HLLY) jumped 13.2% to $6.93. Telsey Advisory Group upgraded Holley from Market Perform to Outperform and raised the price target from $3 to $7.5.
  • United Homes Group, Inc. (NASDAQ:UHG) rose 12.1% to $11.21.
  • EchoStar Corporation (NASDAQ:SATS) jumped 10.9% to $21.49. Raymond James upgraded EchoStar from Outperform to Strong Buy and announced a $28 price target.
  • ModivCare Inc. (NASDAQ:MODV) rose 10.2% to $38.99.
  • Genie Energy Ltd. (NYSE:GNE) gained 7.6% to $14.71 following second-quarter results.
  • Manchester United plc (NYSE:MANU) climbed 7.2% to $21.95.
  • Laureate Education, Inc. (NASDAQ:LAUR) surged 7.2% to $14.36. Morgan Stanley upgraded Laureate Education from Equal-Weight to Overweight and raised the price target from $15 to $17.
  • Elanco Animal Health Incorporated (NYSE:ELAN) rose 7.2% to $12.48 after the company reported strong earnings and raised its 2023 financial guidance.
  • Viatris Inc. (NASDAQ:VTRS) gained 6.8% to $11.31 following better-than-expected second-quarter earnings.
  • DaVita Inc. (NYSE:DVA) rose 6.4% to $115.81 after UBS upgraded the stock from Neutral to Buy and raised its price target from $100 to $142.
  • Astronics Corporation (NASDAQ:ATRO) rose 5.4% to $17.93.

 

Read More: Wall Street's Most Accurate Analysts Say Hold These 3 Risk Off Stocks With Over 3% Dividend Yields

Posted In: AAOI ATRO DVA ELAN GHM GNE HLLY LAUR MANU MODV SATS SOVO UHG VRTV VTGN VTRS


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