Lamb Weston, SP Plus And Other Big Stocks Moving Higher On Thursday

Author: Lisa Levin | October 05, 2023 10:09am

U.S. stocks traded lower, with the Nasdaq Composite falling around 100 points on Thursday. Here are some big stocks recording gains in today’s session.

• Orchard Therapeutics plc (NASDAQ:ORTX) shares surged 97.7% to $15.98 after the company agreed to be acquired by Japan's Kyowa Kirin for $16.00 per ADS in cash plus an additional contingent value right of $1.00 per ADS.
• SP Plus Corporation (NASDAQ:SP) shares jumped 47.5% to $52.24 after Metropolis Technologies announced it will acquire the company for $1.5 billion.
• Euronav NV (NYSE:EURN) shares climbed 17.3% to $17.33. Euronav confirmed that Frontline and CMB NV, are in discussions on an integrated solution to strategic and structural deadlock in Euronav.
• Lamb Weston Holdings, Inc. (NYSE:LW) gained 12.2% to $101.54 after the company reported better-than-expected first-quarter financial results.
• VEON Ltd. (NASDAQ:VEON) rose 9.6% to $20.41. VEON said that its Beeline Uzbekistan, its digital operator in Uzbekistan, opened the Beeline Academy in Tashkent to help train IT, AI, cybersecurity and data protection experts.
• Immunovant, Inc. (NASDAQ:IMVT) gained 7.1% to $36.43.
• TransAlta Corporation (NYSE:TAC) rose 6.1% to $8.54.
• Dada Nexus Limited (NASDAQ:DADA) gained 5.8% to $4.2350.
• Live Oak Bancshares, Inc. (NYSE:LOB) surged 5.7% to $28.93. JP Morgan upgraded Live Oak Bancshares from Neutral to Overweight and announced a $40 price target.
• United Natural Foods, Inc. (NYSE:UNFI) gained 5.4% to $13.80.
• Ur-Energy Inc. (NYSE:URG) gained 5.3% to $1.4637.

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Posted In: DADA EURN IMVT LOB LW ORTX SP TAC UNFI URG VEON