U.S. stocks were mixed, with the Dow Jones index falling around 200 points on Monday.
Shares of Global Business Travel Group Inc (NYSE:GBTG) rose sharply during Monday's session after the company reported better-than-expected first-quarter financial results.
Global Business Travel reported quarterly earnings of 10 cents per share which beat the analyst consensus estimate of 7 cents per share. The company reported quarterly sales of $840.000 million which beat the analyst consensus estimate of $815.976 million.
Global Business Travel shares jumped 57% to $9.31 on Monday.
Here are some other big stocks recording gains in today’s session.
- Cabaletta Bio Inc (NASDAQ:CABA) jumped 14.1% to $3.36. The company announced the pricing of its $150 million offering of 51.73 million shares at $2.90 per share.
- Celcuity Inc (NASDAQ:CELC) gained 13.4% to $142.52 after the company announced topline results from the PIK3CA mutant cohort of the Phase 3 VIKTORIA-1 clinical trial. The company met its primary endpoint.
- Aura Biosciences Inc (NASDAQ:AURA) surged 12.6% to $7.89. Aura Biosciences announced pricing of $260 million public offering of common stock and pre-funded warrants.
- Cullinan Therapeutics Inc (NASDAQ:CGEM) gained 12.6% to $15.12. BTIG analyst Julian Harrison reiterated Cullinan Therapeutics with a Buy and maintained a $38 price target.
- Xerox Holdings Corp (NASDAQ:XRX) rose 12.2% to $3.03.
- Axsome Therapeutics Inc (NASDAQ:AXSM) gained 11.6% to $230.49 after the company reported a wider first-quarter loss that missed Wall Street estimates, overshadowing stronger-than-expected revenue.
- Nebius Group NV (NASDAQ:NBIS) gained 10.7% to $171.12. On Friday, the company disclosed it is strengthening its position with the acquisition of Eigen AI.
- L B Foster Co (NASDAQ:FSTR) shares jumped 10.7% to $34.00 following first-quarter results.
- Circle Internet Group Inc (NYSE:CRCL) gained 9.7% to $109.44.
- IREN Ltd (NASDAQ:IREN) surged 9.4% to $49.97.
- BlackBerry Ltd (NYSE:BB) gained 9.3% to $5.94.
- Lightwave Logic Inc (NASDAQ:LWLG) rose 9% to $17.74.
- Nice Ltd (NASDAQ:NICE) gained 8.6% to $122.67.
- Micron Technology Inc (NASDAQ:MU) jumped 7.3% to $582.07. Micron CEO Sanjay Mehrotra recently highlighted during a CNBC interview that the expansion of AI inference is increasing demand for tokens that require faster, higher-capacity memory.
- Maxlinear Inc (NASDAQ:MXL) gained 6% to $81.80.
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