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Pactiv Evergreen, RealReal, Kodiak Sciences And Other Big Stocks Moving Higher On Monday

Author: Avi Kapoor | December 09, 2024 01:34pm

U.S. stocks were lower, with the Nasdaq Composite falling around 100 points on Monday.

Shares of Pactiv Evergreen Inc. (NASDAQ:PTVE) rose sharply during Monday's session after the company announced it will merge with Novolex in which Pactiv shareholders will receive $18.00 per share in cash.

Pactiv Evergreen shares jumped 18.8% to $17.45 on Monday.

Here are some other big stocks recording gains in today's session.

  • The RealReal, Inc. (NASDAQ:REAL) shares jumped 42.9% to $9.20 after Wells Fargo upgraded the stock from Equal-Weight to Overweight and raised its price target from $4 to $15.
  • Kodiak Sciences Inc. (NASDAQ:KOD) jumped 33.2% to $10.43. Jefferies analyst Michael Yee upgraded Kodiak Sciences from Hold to Buy and announced a $20 price target.
  • Titan International, Inc. (NYSE:TWI) gained 31.5% to $9.14.
  • UP Fintech Holding Limited  (NASDAQ:TIGR) surged 29.9% to $7.99.
  • Satellogic Inc. (NASDAQ:SATL) gained 29% to $5.06. Satellogic announced a $10 million private placement with a single institutional investor.
  • Bilibili Inc. (NASDAQ:BILI) gained 23.4% to $23.54. Shares of US-listed Chinese stocks traded higher following reports suggesting Chinese officials would embrace a ‘moderately loose' monetary policy.
  • Navitas Semiconductor Corporation (NASDAQ:NVTS) gained 19.6% to $4.51.
  • Akso Health Group (NASDAQ:AHG) climbed 17.3% to $0.9500.
  • NIO Inc. (NYSE:NIO) gained 15.2% to $5.31. Shares of US-listed Chinese stocks traded higher following reports suggesting Chinese officials would embrace a ‘moderately loose’ monetary policy.
  • The Hershey Company (NYSE:HSY) jumped 14.4% to $199.93 following a Bloomberg report suggesting Mondelez is exploring a potential acquisition of the company.
  • Lucid Group, Inc. (NASDAQ:LCID) gained 12.8% to $2.5850.
  • Alibaba Group Holding Limited (NYSE:BABA) surged 9.3% to $93.92 following reports suggesting Chinese officials would embrace a ‘moderately loose’ monetary policy.
  • The Interpublic Group of Companies, Inc. (NYSE:IPG) gained 7.7% to $31.50 after the company announced it approved a definitive agreement to be acquired by Omnicon.
  • The Estée Lauder Companies Inc. (NYSE:EL) gained 5.6% to $83.83.

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Posted In: AHG BABA BILI EL HSY IPG KOD LCID NIO NVTS PTVE REAL SATL TIGR TWI


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