Gainers
NeuroBo Pharmaceuticals, Inc. (NASDAQ: NRBO) jumped 101.3% to settle at $0.5558 on Monday after the company announced a 1-for-30 reverse stock split.
U.S. stocks closed higher on Monday, ahead of the much-awaited inflation data for August.
Markets are expecting data to show easing in US inflation. Analysts expect annual inflation falling to an 8.1% rate in August, compared to 8.5% in July. Core CPI, however, might show an increase of 6.1% compared to 5.9% in July.
U.S. stocks closed higher with the Dow Jones surging more than 200 points on Monday. Here is the list of some big stocks moving higher in the previous session.
Clinical-stage biotech Cardiff Oncology Inc (NASDAQ:CRDF) announced new preclinical and clinical data from its lead program in KRAS-mutated metastatic colorectal carcinoma (mCRC)…
Susquehanna cut the price target on Baidu, Inc. (NASDAQ: BIDU) from $200 to $195. Susquehanna analyst Shyam Patil maintained the stock with a Positive rating. Baidu shares rose 0.7% to $139.38 in pre-market trading.
Atlantic Equities raised the price target on Bristol-Myers Squibb Company (NYSE: BMY) from $83 to $87. Atlantic Equities analyst Steve Chesney maintained an Overweight rating on the stock. Bristol-Myers Squibb shares rose 6.3% to $74.60 in pre-market trading.
The CNN Money Fear and Greed index moved to the "neutral" zone, after US stocks recorded their first weekly surge since mid-August.
Wall Street recorded gains in the previous session driven by communication services and technology stocks. For the week, the Dow gained 2.7%, while the S&P 500 surged 3.6%.