PROCEPT BioRobotics Posts Strong Q3 Earnings, Joins Monte Rosa Therapeutics, EyePoint Pharmaceuticals And Other Big Stocks Moving Higher On Monday

Benzinga10-28

U.S. stocks were higher, with the Dow Jones index gaining around 200 points on Monday.

Shares of PROCEPT BioRobotics Corporation (NASDAQ:PRCT) rose sharply during Monday's session after the company reported better-than-expected third-quarter financial results and raised its FY24 revenue guidance.

PROCEPT BioRobotics shares jumped 25% to $85.87 on Monday.

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

  • Monte Rosa Therapeutics, Inc. (NASDAQ:GLUE) shares jumped 60.5% to $7.85 after the company announced a global license agreement with Novartis to advance VAV1 MGDs. The company will receive a $150 million upfront payment and is eligible for additional milestone payments.
  • EyePoint Pharmaceuticals, Inc. (NASDAQ:EYPT) gained 33.6% to $12.69 after the company showed early trial data for DURAVYU for diabetic macular edema and announced improving vision and anatomy.
  • Revance Therapeutics, Inc. (NASDAQ:RVNC) shares gained 25.5% to $5.89 after the company announced it entered into the sixth amendment to its exclusive distribution agreement with Teoxane.
  • ImmunityBio, Inc. (NASDAQ:IBRX) gained 19.5% to $6.36.
  • Trump Media & Technology Group Corp. (NASDAQ:DJT) rose 15.3% to $44.91. The stock may be moving amid possible volatility as traders evaluate his chance of winning the 2024 presidential election.
  • Prothena Corporation plc (NASDAQ:PRTA) surged 15.3% to $17.66.
  • Serve Robotics Inc. (NASDAQ:SERV) gained 13.8% to $11.09. Ladenburg Thalmann analyst Glenn Mattson initiated coverage on Serve Robotics with a Buy rating and announced a price target of $16.
  • Vera Therapeutics, Inc. (NASDAQ:VERA) rose 12.1% to $46.05 after the company reported 96-week eGFR stabilization on Saturday for its Phase 2b study of IgAN patients with Atacicept.
  • MINISO Group Holding Limited (NASDAQ:MNSO) gained 10.3% to $19.21.
  • TeraWulf Inc. (NASDAQ:WULF) rose 10.2% to $7.03.
  • WeRide Inc. (NASDAQ:WRD) gained 9% to $18.03.
  • Newell Brands Inc. (NASDAQ:NWL) rose 8.3% to $9.45. Canaccord Genuity analyst Brian McNamara maintained Newell Brands with a Buy and raised the price target from $12 to $13.
  • MicroStrategy Incorporated (NASDAQ:MSTR) gained 7% to $251.00 amid a rise in Bitcoin.
  • MARA Holdings, Inc. (NASDAQ:MARA) rose 6.3% to $18.14 amid a rise in Bitcoin.

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