Intuitive Machines Posts Q4 Results, Joins Tesla, AnaptysBio, Coherent And Other Big Stocks Moving Higher On Monday

U.S. stocks were higher, with the Dow Jones index gaining around 450 points on Monday.

Shares of Intuitive Machines, Inc. (NASDAQ:LUNR) rose sharply during Monday's session following fourth-quarter results.

Intuitive Machines reported fourth-quarter revenue of $54.66 million, missing analyst estimates of $55.77 million, according to Benzinga Pro. Total revenue was up 79% on a year-over-year basis. The company said it ended the quarter with a record backlog of $328.3 million, up 22% year-over-year.

Intuitive Machines shares jumped 17.2% to $8.29 on Monday.

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

• Northern Dynasty Minerals Ltd. (NYSE:NAK) shares jumped 23% to $1.0957.
• AnaptysBio, Inc. (NASDAQ:ANAB) shares jumped 20.8% to $20.63 after the company announced a $75 million share buyback program.
• The AZEK Company Inc. (NYSE:AZEK) gained 18.3% to $48.96 amid an announcement that James Hardie will acquire the company for $8.75 billion.
• Montauk Renewables, Inc. (NASDAQ:MNTK) gained 15% to $2.5101.
• IonQ, Inc. (NYSE:IONQ) rose 12.5% to $25.06.
• Lemonade, Inc. (NYSE:LMND) gained 10.4% to $38.19.
• Oklo Inc. (NYSE:OKLO) gained 10.3% to $29.97 after the company announced it is engaging with the US Nuclear Regulatory Commission regarding a pre-application for its combined license application of the aurora powerhouse at Idaho National Laboratory.
• Tempus AI, Inc. (NASDAQ:TEM) rose 10.2% to $56.60.
• Root, Inc. (NASDAQ:ROOT) rose 9.4% to $175.34.
• Coherent Corp. (NYSE:COHR) surged 9.3% to $74.61 after Raymond James upgraded its rating on the stock from Outperform to Strong Buy despite lowering the price target from $110 to $91.
• D-Wave Quantum Inc. (NYSE:QBTS) gained 8.8% to $9.10. D-Wave Quantum filed for offering of 5 million common shares by selling stockholder.
• Robinhood Markets, Inc. (NASDAQ:HOOD) gained 8% to $47.90.
• Lumentum Holdings Inc. (NASDAQ:LITE) climbed 7.9% to $71.87. Raymond James analyst Simon Leopold upgraded Lumentum from Outperform to Strong Buy and lowered the price target from $96 to $82.
• Tesla, Inc. (NASDAQ:TSLA) gained 7.9% to $268.59.
• Diginex Limited (NASDAQ:DGNX) rose 7.6% to $118.37.
• RH (NYSE:RH) gained 6.9% to $258.90. RH will report financial results for the fourth quarter and fiscal year 2024 ended Feb. 1, 2025, on Wednesday, April 2, 2025.

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