NVIDIA, Trump Media & Technology, Bausch + Lomb, Sirius XM And Other Big Stocks Moving Higher On Monday

Benzinga · 10/14 17:47

U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Monday.

Shares of NVIDIA Corporation (NASDAQ:NVDA) rose during Monday’s trading session.

A government-backed think tank in China has recommended that the country's data centers continue using high-performance chips from Nvidia, warning of the significant expenses involved in transitioning to domestic alternatives.

NVIDIA shares gained 2.9% to $138.71 on Monday.

Here are some other big stocks recording gains in today's session.

  • Longboard Pharmaceuticals, Inc. (NASDAQ:LBPH) shares jumped 51.2% to $58.83 after the company announced it will be acquired by Lundbeck.
  • Upstart Holdings, Inc. (NASDAQ:UPST) climbed 16.6% to $54.86 after Wedbush upgraded the stock from Underperform to Neutral and raised its price target from $10 to $45.
  • Trump Media & Technology Group Corp. (NASDAQ:DJT) gained 16.2% to $29.38 after the company announced the launch of its Truth+ TV streaming service.
  • IGM Biosciences, Inc. (NASDAQ:IGMS) gained 16.1% to $17.41.
  • BigBear.ai Holdings, Inc. (NYSE:BBAI) surged 14.8% to $1.8499 after the company announced was awarded a five-year $165.15 million contract from the U.S. Army for Global Force Information Management Production Services.
  • Sify Technologies Limited (NASDAQ:SIFY) gained 12.6% to $3.8019. Sify Technologies announced the appointment of Ms. Padmaja Chunduru as Director on the Board.
  • BitFuFu Inc. (NASDAQ:FUFU) climbed 12.6% to $4.47.
  • EyePoint Pharmaceuticals, Inc. (NASDAQ:EYPT) gained 10.7% to $9.78.
  • SoFi Technologies, Inc. (NASDAQ:SOFI) gained 10.6% to $9.98 after the company announced a $2 billion loan platform business agreement for personal loans with funds managed by affiliates of Fortress Investment Group.
  • CleanSpark, Inc. (NASDAQ:CLSK) rose 9.2% to $10.47 amid a rise in Bitcoin.
  • Coinbase Global, Inc. (NASDAQ:COIN) gained 8.8% to $192.05 amid a rise in Bitcoin.
  • Bausch + Lomb Corporation (NYSE:BLCO) gained 8.8% to $21.18 after the company announced that the FDA approved enVista Envy. Also, a report suggested TPG and Blackstone teamed up to work on a joint bid.
  • Sirius XM Holdings Inc. (NASDAQ:SIRI) rose 8.1% to $26.96 after Berkshire Hathaway increased its stake in the company.

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