Leggett & Platt, New Fortress Energy, Bausch Health Companies And Other Big Stocks Moving Higher On Monday
Avi Kapoor 11 months ago
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U.S. stocks were lower, with the Dow Jones falling around 250 points on Monday.
Shares of Leggett & Platt Inc (NYSE:LEG) rose sharply during Monday's session r after it received a proposal from Somnigroup International Inc. (NYSE:SGI) to acquire all shares in an all-stock transaction.
AS per the terms, LEG shareholders would receive Somnigroup stock valued at $12.00 per LEG share, based on a fixed exchange ratio.
Leggett & Platt shares jumped 13.4% to $11.64 on Monday.
Here are some other big stocks recording gains in today’s session.
- Coincheck Group NV (NASDAQ:CNCK) shares jumped 45.4% to $4.71.
- GDEV Inc (NASDAQ:GDEV) gained 33.3% to $22.94.
- New Found Gold Corp (NYSE:NFGC) rose 18.7% to $2.86.
- New Fortress Energy Inc (NASDAQ:NFE) gained 18% to $1.44 as investors digested news of the conditional approval of a large liquified natural gas supply contract.
- Bausch Health Companies Inc (NYSE:BHC) rose 15.3% to $7.30 after the company announced its global aesthetic business, Solta Medical, acquired Wuhan Shibo Zhenmei Technology.
- Jyong Biotech Ltd (NASDAQ:MENS) gained 14% to $30.98.
- T1 Energy Inc (NYSE:TE) shares climbed 10.6% to $4.54.
- Meihua International Medical Tech Co Ltd (NASDAQ:MHUA) gained 10.4% to $13.12.
- Bath & Body Works Inc (NYSE:BBWI) gained 10.1% to $19.16.
- Ashland Inc (NYSE:ASH) rose 9.6% to $57.50.
- Wolfspeed Inc (NYSE:WOLF) gained 8.5% to $22.04 after the company announced it received $698.6 million in cash tax refunds from the Internal Revenue Service.
- Community Health Systems Inc (NYSE:CYH) gained 7.6% to $3.74.
- Chagee Holdings Ltd (NASDAQ:CHA) rose 7.4% to $16.10.
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