Benzinga - U.S. stocks traded higher, with the Dow Jones gaining around 100 points on Monday. Here are some big stocks recording gains in today’s session.
- BridgeBio Pharma, Inc. (NASDAQ: BBIO) shares surged 59.5% to $17.34 after the company announced positive data for its phase 2 study of Infigratinib in Achondroplasia.
- Azul S.A. (NYSE: AZUL) gained 45.3% to $6.05 after the company announced a deal to reduce the immediate cash it must expend for leased property.
- Kala Pharmaceuticals, Inc. (NASDAQ: KALA) gained 28.3% to $21.49. HC Wainwright & Co. maintained Kala Pharmaceuticals with a Buy and raised the price target from $12 to $20.Kala Pharmaceuticals recently said Q4 adjusted EPS results were higher year over year.
- Gol Linhas Aéreas Inteligentes S.A. (NYSE: GOL) surged 21.8% to $2.51 amid strong Brazilian air travel numbers.
- BigBear.ai Holdings, Inc. (NYSE: BBAI) jumped 17% to $3.72
- Tyra Biosciences, Inc. (NASDAQ: TYRA) gained 14.8% to $13.94.
- AST SpaceMobile, Inc. (NASDAQ: ASTS) jumped 13.6% to $7.09. AST SpaceMobile announced teaming agreement with Fairwinds Technologies to 'explore potential opportunities to jointly market AST SpaceMobile's planned services and innovative satellite technologies to the military market.'
- Vistra Corp. (NYSE: VST) gained 13.3% to $24.27. Energy Harbor will merge with and into a newly-formed subsidiary of Vistra.
- Rumble Inc. (NASDAQ: RUM) gained 12% to $9.50.
- Snap Inc. (NYSE: SNAP) climbed 11.3% to $11.85.
- FTC Solar, Inc. (NASDAQ: FTCI) gained 9.9% to $3.1450. FTC Solar recently posted in-line quarterly loss.
- CareDx, Inc (NASDAQ: CDNA) rose 9.4% to $9.82. Craig-Hallum recently downgraded the stock from Buy to Hold and lowered its price target from $26 to $9.
- Kennedy-Wilson Holdings, Inc. (NYSE: KW) jumped 8.2% to $18.10 after it was announced that the company would join the S&P SmallCap 600 index.
- Hertz Global Holdings, Inc. (NYSE: HTZ) shares gained 7.4% to $20.18. Hertz Global will replace Pebblebrook Hotel Trust in the S&P MidCap 400 effective Monday, March 20.
- Radian Group Inc. (NYSE: RDN) jumped 7.3% to $23.50 after it was announced the company will join the S&P SmallCap 600.
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