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Ituran Location and Control Posts Q3 Results, Joins Crown Castle, Shopify And Other Big Stocks Moving Higher On Monday

Published 27/11/2023, 15:17
Updated 27/11/2023, 16:40
© Reuters. Ituran Location and Control Posts Q3 Results, Joins Crown Castle, Shopify And Other Big Stocks Moving Higher On Monday

Benzinga - by Lisa Levin, Benzinga Editor.

U.S. stocks traded mostly lower, with the Dow Jones falling around 50 points on Monday.

Shares of Ituran Location and Control Ltd. (NASDAQ: ITRN) gained during Monday’s session after the company reported third-quarter financial results.

The company posted quarterly earnings of 63 cents per share, up from 49 cents per share in the year-ago period. The company’s quarterly sales rose 12% to $81.05 million.

Ituran Location and Control shares gained 11.3% to $27.69 on Monday.

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

  • Affirm Holdings, Inc. (NASDAQ: AFRM) surged 13.7% to $29.82 following reports of record 'buy now, pay later' predictions on Cyber Monday.
  • IRSA Inversiones y Representaciones Sociedad Anónima (NYSE: IRS) shares jumped 12.4% to $9.13.
  • EHang Holdings Limited (NASDAQ: EH) rose 12.1% to $19.71.
  • Xenon Pharmaceuticals Inc. (NASDAQ: XENE) surged 10.2% to $31.93 after the company announced topline results from the Phase 2 proof-of-concept X-NOVA clinical trial of XEN1101 in MDD.
  • Applied Optoelectronics, Inc. (NASDAQ: AAOI) climbed 8.8% to $14.19.
  • Corporación América Airports S.A. (NYSE: CAAP) rose 8.1% to $14.56.
  • Global-e Online Ltd. (NASDAQ: GLBE) climbed 7.4% to $33.95.
  • Telecom Argentina S.A. (NYSE: TEO) gained 6.7% to $8.26.
  • Grupo Financiero Galicia S.A. (NASDAQ: GGAL) rose 6.7% to $16.35.
  • DRDGOLD Limited (NYSE: DRD) gained 5.8% to $9.19.
  • Roku, Inc. (NASDAQ: ROKU) rose 5.8% to $100.51.
  • Crown Castle Inc. (NYSE: CCI) rose 4.7% to $108.46 after activist fund Elliott took a $2 billion stake in the company and suggested operational improvements.
  • Teva Pharmaceutical Industries Limited (NYSE: TEVA) gained 4.1% to $9.94 after UBS upgraded the stock from Neutral to Buy and raised its price target from $11 to $13.
  • Shopify Inc. (NYSE: SHOP) gained 4% to $73.20 after the company announced that Shopify merchants set a Black Friday record with a combined $4.1 billion in sales.
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Now Read This: Goldman Sachs, VeriSign And 2 Other Stocks Insiders Are Selling

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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