Galaxy Digital, Blaize Holdings, Verizon And Other Big Stocks Moving Higher On Monday

U.S. stocks were higher, with the Dow Jones index gaining around 100 points on Monday.

Shares of Galaxy Digital (NASDAQ:GLXY) rose sharply during Monday's session after the company announced it has partnered with K Wave Media to accelerate Bitcoin treasury strategies and have access to greater institutional capital.

Piper Sandler analyst Patrick Moley maintained Galaxy Digital with an Overweight rating and raised the price target from $34 to $36.

Galaxy Digital shares climbed 12% to $30.39 on Monday.

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

• Opendoor Technologies Inc. (NASDAQ:OPEN) shares jumped 31.2% to $2.9550.
• Navitas Semiconductor Corporation (NASDAQ:NVTS) gained 26.6% to $8.60. Navitas Semiconductor will report second-quarter financial results on Monday, Aug. 4.
• AbCellera Biologics Inc. (NASDAQ:ABCL) jumped 25.8% to $5.64.
• Prime Medicine, Inc. (NASDAQ:PRME) gained 19.8% to $4.95.
• Blaize Holdings, Inc. (NASDAQ:BZAI) gained 19.3% to $5.74. Rosenblatt analyst Kevin Cassidy upgraded Blaize Holdings from Neutral to Buy and raised the price target from $3 to $6.
• Ondas Holdings Inc. (NASDAQ:ONDS) surged 17.7% to $2.6250. Ondas Holdings fully retired all outstanding convertible notes, eliminating debt burden.
• Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX) rose 17.3% to $6.85.
• Absci Corporation (NASDAQ:ABSI) rose 16.4% to $3.6350.
• SharpLink Gaming, Inc. (NASDAQ:SBET) gained 15% to $33.31.
• Astera Labs, Inc. (NASDAQ:ALAB) rose 13.5% to $115.92.
• IREN Limited (NASDAQ:IREN) rose 11% to $19.92.
• Power Solutions International, Inc. (NASDAQ:PSIX) gained 10.1% to $99.09.
• SentinelOne, Inc. (NYSE:S) rose 9.7% to $19.75.
• Plug Power Inc. (NASDAQ:PLUG) gained 8.3% to $1.9413.
• Rumble Inc. (NASDAQ:RUM) gained 8.3% to $10.54.
• Block, Inc. (NYSE:XYZ) rose 8.1% to $78.69 after it was announced the stock will join the S&P 500.
• Oscar Health, Inc. (NYSE:OSCR) gained 6.5% to $14.28.
• Verizon Communications Inc. (NYSE:VZ) rose 3.5% to $42.26 following better-than-expected quarterly earnings.

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