U.S. stocks were lower, with the Dow Jones index falling around 400 points on Monday.
Shares of Ascendis Pharma A/S (NASDAQ: ASND ) rose sharply on Monday .
On Sunday, BioMarin Pharmaceutical Inc. (NASDAQ: BMRN ) reached a binding settlement with Ascendis Pharma to resolve all global patent disputes regarding the medication Yuviwel.
Ascendis Pharma shares jumped 5.7% to $262.12 on Monday.
Here are some other big stocks recording gains in today’s session.
Titan Machinery Inc (NASDAQ: TITN ) shares jumped 13.7% to $20.31. Titan Machinery recently reported mixed second-quarter financial results. Air Global PLC (NASDAQ: AIIR ) gained 13.1% to $8.45. GeoPark Ltd (NYSE: GPRK ) rose 10.5% to $10.86. Standard Lithium Ltd (NYSE: SLI ) gained 8.6% to $2.77. Standard Lithium and Equinor’s Smackover Lithium announced a binding 10-year take-or-pay offtake agreement with LG Energy Solution for 8,000 metric tonnes per year of battery-quality lithium carbonate from South West Arkansas Project. Chagee Holdings Ltd (NASDAQ: CHA ) rose 8.4% to $11.71. Blue Moon Metals Inc (NASDAQ: BMM ) gained 7.7% to $6.05. FinVolution Group (NYSE: FINV ) rose 7.7% to $3.66. Novavax Inc (NASDAQ: NVAX ) gained 7% to $9.90. X-Energy Inc (NASDAQ: XE ) rose 6.8% to $18.40. Roblox Corp (NYSE: RBLX ) gained 6.7% to $41.10. Standard Nuclear Inc (NYSE: STDN ) climbed 5.7% to $14.90. RBC Capital analyst Christopher Dendrinos, on Friday, maintained Standard Nuclear with an Outperform rating and raised the price target from $11 to $13. Helmerich and Payne Inc (NYSE: HP ) rose 5.4% to $44.84. Science Applications International Corp (NYSE: SAIC ) gained 3.5% to $130.42 after the company reported better-than-expected second-quarter financial results and raised its FY27 guidance.Photo via Shutterstock
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