U.S. stocks were lower, with the Dow Jones index falling over 200 points on Monday.
Shares of Kodiak Sciences Inc (NASDAQ:KOD) rose sharply after the company released data from the Phase 3 DAYBREAK trial for patients suffering from wet age-related macular degeneration (wAMD).
The study showed that both Zenkuda (tarcocimab tedromer) and tabirafusp-ted (KSI-501) achieved their primary endpoints.
Kodiak Sciences shares jumped 174% to $88.79 on Monday.
Here are some other big stocks recording gains in today’s session.
- SL Science Holding Ltd (NASDAQ:SLBT) gained 22% to $1.92.
- Chaince Digital Holdings Inc. (NASDAQ:CD) rose 18.2% to $6.30. Chaince Digital Holdings recently repurchased and permanently cancelled warrants for aggregate cash consideration of $2 million.
- YD Bio Ltd (NASDAQ:YDES) gained 18.1% to $6.77.
- Maase Inc. (NASDAQ:MAAS) rose 17.7% to $18.09.
- AMC Entertainment Holdings Inc (NYSE:AMC) rose 14.5% to $3.36 as investors continue to weigh a debt maturity extension and new alternative revenue streams.
- Falcon’s Beyond Global Inc (NASDAQ:FBYD) jumped 11% to $8.25.
- Pacific Biosciences of California Inc (NASDAQ:PACB) gained 10.5% to $1.79.
- Agenus Inc (NASDAQ:AGEN) gained 10.1% to $9.40 after Rodman & Renshaw initiated coverage on the stock with a Buy rating and announced a $19 price target.
- Burford Capital Limited (NYSE:BUR) rose 10% to $4.00 after the company announced a $1.4 billion entitlement if the patent case Taction Technology v. Apple payment was paid as is.
- Corporacion America Airports SA (NYSE:CAAP) jumped 9.2% to $26.07 after Argentina approved changes to Aeropuertos Argentina’s concession agreement to support infrastructure upgrades.
- MBX Biosciences Inc (NASDAQ:MBX) surged 8.2% to $58.05.
- Victoria’s Secret & Co (NYSE:VSXY) jumped 8.1% to $89.61.
- Howard Hughes Holdings Inc (NYSE:HHH) gained 7.5% to $73.58.
- Liquidia Corp (NASDAQ:LQDA) rose 6.7% to $73.02.
- Gap Inc (NYSE:GAP) gained 6.3% to $23.20.
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