U.S. stocks were mostly lower, with the Dow Jones index falling around 150 points on Monday.
Shares of KE Holdings Inc. (NYSE:BEKE) rose sharply during Monday's session after the company reported better-than-expected second-quarter financial results and increased its repurchase authorization.
KE Holdings shares jumped 6.9% to $15.00 on Monday.
Here are some other big stocks recording gains in today's session.
- Revance Therapeutics, Inc. (NASDAQ:RVNC) gained 85.4% to $6.54 after the company entered into a merger agreement with Crown Laboratories.
- Skeena Resources Limited (NYSE:SKE) gained 13.8% to $6.50. The company, last week, posted a second-quarter loss.
- KeyCorp (NYSE:KEY) shares surged 13% to $16.51 after Scotiabank acquired a 14.9% stake in the company.
- Montauk Renewables, Inc. (NASDAQ:MNTK) climbed 13% to $4.84. Montauk Renewables, last week, reported worse-than-expected second-quarter financial results.
- New Fortress Energy Inc. (NASDAQ:NFE) rose 12.2% to $14.64. Stifel analyst Benjamin Nolan maintained New Fortress Energy with a Buy and lowered the price target from $40 to $17.
- Climb Global Solutions, Inc. (NASDAQ:CLMB) gained 11.6% to $87.98. Climb Global Solutions, last week, reported better-than-expected second-quarter adjusted EPS results.
- Paragon 28, Inc. (NYSE:FNA) gained 8.4% to $7.20. The company, last week, reported second-quarter financial results and issued FY24 guidance below estimates
- Gatos Silver, Inc. (NYSE:GATO) rose 8.4% to $11.53. The company, last week, posted upbeat quarterly earnings.
- monday.com Ltd. (NASDAQ:MNDY) climbed 7.7% to $243.06 following better-thane-expected quarterly financial results.
- China Yuchai International Limited (NYSE:CYD) gained 7.2% to $10.05 after the company reported unaudited 2024 first half-year financial results.
- Blend Labs, Inc. (NASDAQ:BLND) rose 6.1% to $3.50 after Canaccord Genuity upgraded the stock from Hold to Buy.
- Century Aluminum Company (NASDAQ:CENX) gained 6% to $13.35. The company, last week, posted upbeat quarterly sales.
- Payoneer Global Inc. (NYSE:PAYO) rose 5.2% to $7.08. Payoneer announced commencement of an offer to purchase and consent solicitation relating to its warrants.
- Starbucks Corporation (NASDAQ:SBUX) gained 3.5% to $77.69 following a report suggesting that activist investor Starboard Value has a stake in the company.
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