Silence Therapeutics Among Stocks Seeing Big Gains Monday
U.S. stocks traded mixed on Monday, with the Dow Jones index falling about 100 points. Silence Therapeutics PLC – ADR shares surged after the company agreed to be…
U.S. stocks traded mixed on Monday, with the Dow Jones index falling about 100 points.
Silence Therapeutics PLC – ADR shares surged after the company agreed to be acquired by Merck KGaA of Darmstadt, Germany.
The cash deal of $20 per American Depositary Share implies an enterprise value of $1.1 billion and an equity value of approximately $1.3 billion.
Silence Therapeutics shares soared 125.7% to $19.60 on Monday.
Here are some other large stocks that recorded gains during Monday's trading session.
Disc Medicine Inc rose 24.7% to $70.90 after the company announced top-line results from the APOLLO Phase 3 trial of bitopertin in erythropoietic protoporphyria, which met all primary and secondary endpoints.
Applied Digital Corp surged 9.6% to $19.78.
AXT Inc rose 9.4% to $56.33.
Parabilis Medicines Inc rose 9.3% to $24.86. Parabilis Medicines will present updated clinical data on Zolucatetide in patients with desmoid tumors at the 2026 ESMO Congress.
United States Antimony Corp rose 9.1% to $3.10.
SanDisk Corp rose 7.8% to $1,401.54.
Maxlinear Inc rose 7.7% to $76.82.
FormFactor Inc rose 6.6% to $111.91.
Western Digital Corp rose 5.9% to $351.60.
Veradermics Inc rose 5.7% to $115.00 after the company's oral VDPHL01 achieved positive results in a Phase 3 '304' clinical trial for male pattern hair loss, demonstrating early, sustained, and robust hair growth.
AST SpaceMobile Inc rose 5.5% to $42.88.
Intel Corp rose 4.8% to $94.23. JPMorgan analyst Harlan Sur upgraded Intel from Underweight to Neutral and maintained a price target of $85.
Rambus Inc rose 4.7% to $91.35.
Alpha and Omega Semiconductor Ltd rose 4.4% to $22.70. Alpha and Omega Semiconductor will report first-quarter financial results on November 5.
Aehr Test Systems rose 4.2% to $63.16.
Navitas Semiconductor Corp rose 3.6% to $8.64.
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