Veritex Holdings, Sequans Communications, Canaan And Other Big Stocks Moving Higher On Monday

U.S. stocks were lower, with the Dow Jones index falling around 0.1% on Monday.

Shares of Veritex Holdings, Inc. (NASDAQ:VBTX) rose sharply during Monday's session after announcing that Huntington Bancshares will acquire them for $1.9 billion.

Veritex Holdings shares jumped 22.1% to $33.52 on Monday.

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

• Sequans Communications S.A. (NYSE:SQNS) gained 20% to $5.38 after the company announced it bought 683 more Bitcoins and provided updates on its total holdings.
• Canaan Inc. (NASDAQ:CAN) gained 19% to $0.8620. Shares of crypto-linked stocks and Bitcoin miners traded higher after Bitcoin rose above $121,000.
• SharpLink Gaming, Inc. (NASDAQ:SBET) surged 18.8% to $25.73. SharpLink Gaming recently announced it purchased 10,000 units of Ethereum.
• So-Young International Inc. (NASDAQ:SY) rose 17.4% to $4.5100.
• SNDL Inc. (NASDAQ:SNDL) gained 16.2% to $1.6150. SNDL will release its second quarter financial results, before market opens on Thursday, July 31.
• DeFi Technologies Inc. (NASDAQ:DEFT) rose 16.2% to $3.5250 after the company provided Bitcoin assets under management updates for its subsidiary, Valour.
• Stitch Fix, Inc. (NASDAQ:SFIX) gained 14.5% to $4.5146 after William Blair upgraded the stock from Market Perform to Outperform.
• IREN Limited (NASDAQ:IREN) rose 12.8% to $18.31.
• Nebius Group N.V. (NASDAQ:NBIS) gained 12.1% to $49.68 after Goldman Sachs initiated coverage with a Buy rating and announced a price target of $68.
• MARA Holdings, Inc. (NASDAQ:MARA) rose 10.2% to $21.10. Shares of crypto-linked stocks and Bitcoin miners traded higher after Bitcoin rose above $121,000.
• Avidity Biosciences, Inc. (NASDAQ:RNA) gained 8.5% to $34.12.
• NIO Inc. (NYSE:NIO) rose 7.3% to $4.1850. The move appears to be driven by continued momentum following the company's Onvo L90 pre-order launch last week.
• Thomson Reuters Corporation (NASDAQ:TRI) gained 6.2% to $211.60. Thomson Reuters will release its second-quarter earnings on Wednesday, Aug. 6.
• Block, Inc. (NYSE:XYZ) rose 5.7% to $68.88.

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