IDEXX Laboratories, Perion Network, TAT Technologies And Other Big Stocks Moving Higher On Monday

U.S. stocks were higher, with the Dow Jones gaining around 500 points on Monday.

Shares of IDEXX Laboratories Inc (NASDAQ:IDXX) rose sharply after the company reported better-than-expected third-quarter financial results. Also, the company raised its FY26 guidance above estimates.

IDEXX Laboratories reported quarterly earnings of $4.01 per share which beat the analyst consensus estimate of $3.71 per share. The company reported quarterly sales of $1.214 billion which beat the analyst consensus estimate of $1.191 billion.

IDEXX Laboratories shares jumped 20.1% to $661.77 on Monday.

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

• Perion Network Ltd (NASDAQ:PERI) shares jumped 30.9% to $11.39 after the company announced it will be acquired by Affle.
• TAT Technologies Ltd (NASDAQ:TATT) rose 13.1% to $35.97 after the company reported better-than-expected third-quarter financial results.
• Frontier Group Holdings Inc (NASDAQ:ULCC) gained 11.7% to $7.20.
• Wingstop Inc. (NASDAQ:WING) gained 11.4% to $166.80.
• Nextpower Inc. (NASDAQ:NXT) climbed 11.2% to $88.20.
• Gyre Therapeutics Inc (NASDAQ:GYRE) rose 11.1% to $5.06.
• JetBlue Airways Corporation (NASDAQ:JBLU) gained 10.4% to $3.1476. Shares of airline companies traded higher amid a drop in oil prices due to reports suggesting that the U.S. and Iran are exploring a diplomatic solution to end the Middle East conflict, which would ease cost pressures.
• Alaska Air Group, Inc. (NYSE:ALK) rose 8.5% to $38.76. Shares of airline companies traded higher amid a drop in oil prices due to reports suggesting that the U.S. and Iran are exploring a diplomatic solution to end the Middle East conflict, which would ease cost pressures.
• Rivian Automotive, Inc. (NASDAQ:RIVN) gained 8.3% to $13.17. UBS analyst Joseph Spak upgraded Rivian Automotive from Neutral to Buy and maintained the price target of $17.
• Enphase Energy, Inc. (NASDAQ:ENPH) surged 8.2% to $27.75.
• Sabre Corporation (NASDAQ: SABR) rose 8% to $1.7500.
• Mohawk Industries, Inc. (NYSE:MHK) gained 8% to $150.72. Evercore ISI Group analyst Stephen Kim upgraded Mohawk Industries from In-Line to Outperform and raised the price target from $129 to $171.
• FTAI Aviation Ltd. (NASDAQ:FTAI) rose 8% to $202.35.
• Polestar Automotive Holding UK PLC (NASDAQ:PSNY) gained 6.8% to $4.38.

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