U.S. stocks were mixed, with the Dow Jones index falling around 100 points on Monday.
Shares of Construction Partners, Inc. (NASDAQ:ROAD) rose sharply during Monday's session after the company issued FY25 revenue above estimates.
Also, Construction Partners announced it will acquire Asphalt Inc for a mix of cash $654 million in cash and 3 million in class A common stock
Construction Partners shares surged 11.1% to $83.00 on Monday.
Here are some other big stocks recording gains in today's session.
- Ambipar Emergency Response (NYSE:AMBI) gained 18.4% to $7.75.
- NANO Nuclear Energy Inc. (NASDAQ:NNE) gained 16.1% to $23.67.
- Viad Corp (NYSE:VVI) climbed 16.5% to $41.69 after the company announced it entered into a deal to sell its GES business to Truelink Capital for $535 million.
- EHang Holdings Limited (NASDAQ:EH) gained 13.6% to $18.75.
- AudioEye, Inc. (NASDAQ:AEYE) jumped 12% to $28.57.
- Galiano Gold Inc. (NYSE:GAU) gained 11.2% to $1.6450.
- AppLovin Corporation (NASDAQ:APP) rose 8.3% to $157.24.
- TeraWulf Inc. (NASDAQ:WULF) gained 7% to $5.61.
- e.l.f. Beauty, Inc. (NYSE:ELF) surged 5.4% to $114.01. Baird analyst Joel Beatty maintained e.l.f. Beauty with an Outperform and lowered the price target from $240 to $175.
- Lumen Technologies, Inc. (NYSE:LUMN) gained 3.7% to $6.99 after the company announced it is partnering with Meta to significantly increase Meta's network capacity and help drive its AI ambitions.
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