Hot Stocks: NVDA drops on preliminary results; MNDY, TGTX rally; SGFY climbs on takeover report.

$NVIDIA (NVDA.US)$ $monday.com (MNDY.US)$ $TG Therapeutics (TGTX.US)$ $Signify Health (SGFY.US)$ $CVS Health (CVS.US)$
drew significant attention during Monday's midday trading. The semiconductor bellwether dropped after reporting disappointing preliminary results.

Elsewhere, earnings-related news had the opposite impact on monday.com . The stock rallied on the back of Street-beating financial figures.

TG Therapeutics saw midday gains as well, fueled by quarterly results and hope for regulatory approval for the firm's MS drug. Meanwhile, Signify Health jumped on reports of takeover interest from CVS.

Nvidia dropped almost 9% after the semiconductor company revealed weak preliminary Q2 results. The company said it will report a revenue figure of $6.7B, a decline of 19% from last year and below the $8.1B that analysts were predicting.

NVDA pointed to weakness in its gaming business for the shortfall. The company said this division brought in $2.04B in Q2, down 33% from the previous year.