U.S. stocks were higher, with the Dow Jones index gaining more than 400 points on Monday.
Shares of BridgeBio Pharma, Inc. (NASDAQ:BBIO) rose sharply during Monday's session after the company announced that the FDA approved Attruby to treat adults with ATTR-CM.
On Friday, the FDA approved BridgeBio Pharma's Attruby (acoramidis), an orally-administered near-complete (≥90%) stabilizer of Transthyretin (TTR) for adults with ATTR-CM to reduce cardiovascular death and cardiovascular-related hospitalization. Also, HC Wainwright maintained a Buy rating on the stock and raised its price target from $43 to $49.
BridgeBio Pharma shares jumped 22.3% to $28.64 on Monday.
Here are some other big stocks recording gains in today's session.
- Rigetti Computing, Inc. (NASDAQ:RGTI) shares jumped 69% to $2.9289 after the company completed a $100 million at-the-market equity offering, with plans to use the proceeds for working capital, capital expenditures, and advancements in superconducting quantum computing technology.
- Scholar Rock Holding Corporation (NASDAQ:SRRK) gained 27.2% to $38.03. Scholar Rock Holding recently reported worse-than-expected third-quarter EPS results.
- D-Wave Quantum Inc. (NASDAQ:QBTS) surged 26.3% to $3.6800 after AWS announced Quantum Embark program.
- Mercurity Fintech Holding Inc. (NASDAQ:MFH) gained 23.3% to $6.15.
- Quantum Computing Inc. (NASDAQ:QUBT) rose 19% to $7.26 after AWS announced Quantum Embark program.
- Eastman Kodak Company (NYSE:KODK) surged 17.4% to $6.18.
- Super Micro Computer, Inc. (NASDAQ:SMCI) rose 16.6% to $38.36.
- Eve Holding, Inc. (NYSE:EVEX) gained 16.6% to $3.9062.
- Bath & Body Works, Inc. (NYSE:BBWI) shares climbed 15.5% to $35.49 after the company reported better-than-expected third-quarter EPS and sales and raised its 2024 guidance.
- Archer Aviation Inc. (NYSE:ACHR) surged 14.6% to $6.92.
- Hims & Hers Health, Inc. (NYSE:HIMS) rose 13.5% to $28.77.
- Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) gained 11.3% to $9.52.
- Clarivate Plc (NYSE:CLVT) rose 8.7% to $5.70.
- Flagstar Financial, Inc. (NYSE:FLG) gained 7.1% to $12.52.
- Five Below, Inc. (NASDAQ:FIVE) climbed 6.8% to $92.82. Five Below will release its financial results for the third quarter of fiscal 2024 after the closing bell on Wednesday, Dec. 4.
- Moderna, Inc. (NASDAQ:MRNA) climbed 6.3% to $43.74.
- Jones Lang LaSalle Incorporated (NYSE:JLL) gained 6.1% to $279.28. Wolfe Research analyst Andrew Rosivach upgraded Jones Lang LaSalle from Peer Perform to Outperform and announced a $353 price target.
- Elastic N.V. (NYSE:ESTC) rose 6% to $114.49 after Wedbush upgraded the stock from Neutral to Outperform and announced a $135 price target.
Now Read This:
