Advertisement
As of 12:46 PM EST, several stocks posted strong gains as trading continued on Monday afternoon. Leading the list was Patriot National Bancorp Inc. surged 48.28%, trading at 2.15 USD, with a market capitalization of 8.55M USD.
Dominari Holdings Inc. climbed 42.24%, reaching 4.58 USD, with a market cap of 29.02M USD. Similarly, Momentus Inc. gained 40.26%, trading at 5.33 USD, while its market capitalization stood at 14.82M USD. The stock skyrocketed on Monday after the company announced that it has been granted a contract expansion by the Defense Advanced Research Projects Agency to conduct an in-orbit demonstration of the assembly of large scale structures.
SpringWorks Therapeutics, Inc. advanced 37.81%, with shares priced at 55.51 USD, and a market cap of 4.13B USD. According to Reuters, Merck KGaA is in talks to acquire SpringWorks Therapeutics, resulting in the stock’s jump on Monday. However, Society Pass Incorporated rose 32.88%, trading at 2.99 USD, with a market capitalization of 10.9M USD.
Lastly in the transportation sector, Proficient Auto Logistics, Inc. recorded a 31.60% increase, reaching 10.37 USD, with a market cap of 280.3M USD.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.