Benzinga - by Lisa Levin, Benzinga Editor.
U.S. stock futures traded higher this morning on Monday. Here are some big stocks recording gains in today’s pre-market trading session.
- Crinetics Pharmaceuticals, Inc. (NASDAQ: CRNX) shares jumped 35.8% to $21.69 in pre-market trading. Crinetics said Once-daily oral paltusotine achieved the primary and all secondary endpoints in the Phase 3 PATHFNDR-1 study evaluating treatment of patients with acromegaly.
- Canopy Growth Corporation (NASDAQ: CGC) shares rose 21.3% to $1.13 in pre-market trading after jumping over 22% on Friday.
- BeiGene, Ltd. (NASDAQ: BGNE) shares gained 8.2% to $208.50 in pre-market trading.
- HUTCHMED (China) Limited (NASDAQ: HCM) shares rose 6.4% to $14.92 in pre-market trading. HUTCHMED’s Savolitinib was recently granted Breakthrough Therapy Designation in China.
- Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) shares gained 6.2% to $9.94 in pre-market trading.
- Tesla, Inc. (NASDAQ: TSLA) shares rose 5.4% to $261.92 in pre-market trading. Morgan Stanley upgraded Tesla from Equal-Weight to Overweight and raised the price target from $250 to $400.
- XPeng Inc. (NYSE: XPEV) shares rose 4.6% to $18.15 in pre-market trading. China Passenger Car Association said China car sales rose 2.2% year-over-year to 1.94 million units in August.
- Mitsubishi UFJ Financial Group, Inc. (NYSE: MUFG) shares gained 4.5% to $8.56 in pre-market trading.
- LiveWire Group, Inc. (NASDAQ: LVWR) gained 4.4% to $10.96 in pre-market trading.
- Bilibili Inc. (NASDAQ: BILI) shares rose 3.8% to $14.08 in pre-market trading after falling 5% on Friday.
Now Read This: This Analyst With 87% Accuracy Rate Sees More Than 20% Upside In RH - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
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