Sotera Health Posts Upbeat Results, Joins Thoughtworks, Sonic Automotive And Other Big Stocks Moving Higher On Monday

Author: Avi Kapoor | August 05, 2024 11:22am

U.S. stocks were lower, with the Dow Jones index falling over 900 points on Monday.

Shares of Sotera Health Company (NASDAQ:SHC) rose sharply during Monday's session after the company reported better-than-expected quarterly financial results.

Sotera Health shares jumped 10.2% to $14.57 on Monday.

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

Kellanova (NYSE:K) shares surged 12.6% to $71.01 in pre-market trading following a report suggesting Mars is considering an acquisition of the company.
Ispire Technology Inc. (NASDAQ:ISPR) gained 11.1% to $7.50.
New Oriental Education & Technology Group Inc. (NYSE:EDU) climbed 6.9% to $64.07.
Sonic Automotive, Inc. (NYSE:SAH) gained 6.6% to $59.58 following better-than-expected earnings.
ZTO Express (Cayman) Inc. (NYSE:ZTO) rose 6.4% to $19.53. ZTO Express (Cayman) will release its unaudited financial results for the second quarter, after the closing bell on Aug. 20.
Gaotu Techedu Inc. (NASDAQ:GOTU) jumped 6.1% to $4.2450. Citigroup analyst Mark Li maintained Gaotu Techedu with a Buy and lowered the price target from $12.34 to $5.81.
Twist Bioscience Corporation (NASDAQ:TWST) gained 5.2% to $45.20. Twist Bioscience and bitBiome reported a strategic collaboration and first offering to deliver one-of-a-kind enzymes for biocatalysis.