U.S. stocks were mixed, with the Nasdaq Composite gaining over 150 points on Monday.
Shares of Rapport Therapeutics, Inc. (NASDAQ:RAPP) shares jumped 177% to $39.75 during Monday’s session.
On Monday, the company revealed data from the Phase 2a trial of RAP-219 (RAP-219-FOS-201) in patients with drug-resistant focal onset seizures.
The study met its primary endpoint, demonstrating a statistically significant reduction in long episodes (LEs) – an objective electrographic biomarker for clinical seizure reduction – compared with baseline over the 8-week treatment period.
Rapport Therapeutics shares jumped 177% to $39.75 on Monday.
Here are some other big stocks recording gains in today’s session.
- loanDepot, Inc. (NYSE:LDI) gained 34.2% to $3.8780. Citron Research issued a report On loanDepot.
- Planet Labs PBC (NYSE:PL) jumped 29% to $8.43 after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance above estimates. Also, the company raised its FY26 sales guidance.
- QuantumScape Corporation (NYSE:QS) gained 25.2% to $9.82 after the company premiered a live demo of its solid-state lithium-metal batteries powering an EV during Volkswagen Group’s press conference at IAA Mobility.
- LiveWire Group, Inc. (NYSE:LVWR) rose 24.3% to $4.40.
- EchoStar Corporation (NASDAQ:SATS) gained 18.2% to $79.49 after the company agreed to sell its AWS-4 and H-block spectrum licenses to SpaceX for $17 billion.
- Innoviz Technologies Ltd. (NASDAQ:INVZ) surged 15.5% to $1.8250 after the company announced it has been selected as a future series production supplier by a major commercial vehicle OEM to supply advanced LiDAR units for SAE Level 4 autonomous class-8 semi-trucks.
- Globalstar, Inc. (NASDAQ:GSAT) rose 15% to $36.23.
- Kindly MD, Inc. (NASDAQ:NAKA) gained 14.4% to $4.67. KindlyMD’s subsidiary Nakamoto Holdings made a minority investment in Treasury.
- Robinhood Markets, Inc. (NASDAQ:HOOD) gained 13.8% to $115.29 following Friday’s news that it will be included in the S&P 500.
- AppLovin Corporation (NASDAQ:APP) gained 11.8% to $548.27 after it was announced the stock will join the S&P 500.
- Hecla Mining Company (NYSE:HL) rose 10.1% to $9.94.
- ASE Technology Holding Co., Ltd. (NYSE:ASX) gained 9.2% to $11.43.
- RLX Technology Inc. (NYSE:RLX) surged 7.3% to $2.80.
- Waystar Holding Corp. (NASDAQ:WAY) gained 7.3% to $40.00.
- Baidu, Inc. (NASDAQ:BIDU) rose 6.3% to $108.42. The company announced that it proposed to offer CNY-denominated senior unsecured notes in offshore transactions outside the U.S. to non-U.S. persons.
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