Wayfair, CommScope Holding, Steelcase, IDEXX Laboratories And Other Big Stocks Moving Higher On Monday

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U.S. stocks were higher, with the Dow Jones index gaining around 400 points on Monday.

Shares of Wayfair Inc. (NYSE:W) rose sharply during Monday's session following better-than-expected second-quarter financial results.

The e-commerce company reported adjusted earnings per share of 87 cents, beating the street view of 32 cents. Quarterly sales of $3.27 billion (up by 5% year-over-year or Y/Y) outpaced the analyst consensus estimate of $3.12 billion.

Wayfair shares jumped 11.4% to $72.64 on Monday.

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

• CommScope Holding Company, Inc. (NASDAQ:COMM) shares jumped 74.7% to $13.61 after Amphenol announced it will acquire CommScope for $10.5 billion.
• Steelcase Inc. (NYSE:SCS) gained 64.7% to $16.77 after HNI announced it will acquire the company for approximately $2.2 billion.
• Zepp Health Corporation (NYSE:ZEPP) rose 32.7% to $17.25 after the company reported a year-over-year increase in second-quarter financial results.
• IDEXX Laboratories, Inc. (NASDAQ:IDXX) gained 26.7% to $678.41 after the company reported better-than-expected second-quarter financial results and raised its FY25 guidance above estimates.
• Blade Air Mobility, Inc. (NASDAQ:BLDE) rose 26.4% to $4.78 after the company announced the sale of its passenger division to Joby Aviation.
• Energizer Holdings, Inc. (NYSE:ENR) gained 24.2% to $27.50 after the company reported better-than-expected third-quarter financial results and raised its FY25 guidance.
• Fortrea Holdings Inc. (NASDAQ:FTRE) rose 21.4% to $6.63 after Baird upgraded the stock from Neutral to Outperform and raised its price target from $7 to $9.
• Joby Aviation, Inc. (NYSE:JOBY) gained 20.2% to $20.64 after the company announced it will acquire Blade’s passenger division for $125 million.
• LifeMD, Inc. (NASDAQ:LFMD) rose 19% to $11.83.
• American Eagle Outfitters, Inc. (NYSE:AEO) gained 17.5% to $12.62.
• Tower Semiconductor Ltd. (NASDAQ:TSEM) gained 12.1% to $50.06 after the company reported better-than-expected second-quarter financial results.
• Freshpet, Inc. (NASDAQ:FRPT) gained 8.6% to $71.53 after the company reported a Q2 EPS beat.
• V.F. Corporation (NYSE:VFC) gained 8% to $12.60.
• RH (NYSE:RH) rose 7.8% to $216.51 on Monday.

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