U.S. stocks were mixed, with the Dow Jones index falling over 200 points on Monday.

Shares of Leggett & Platt Inc (NYSE:LEG) rose sharply after the company announced it will be acquired by Somnigroup.

Diversified manufacturer Somnigroup International will acquire Leggett & Platt in an all-stock deal valued at approximately $2.5 billion, the companies announced.

Leggett & Platt shares jumped 12.5% to $11.24 on Monday.

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

• Allogene Therapeutics Inc (NASDAQ:ALLO) shares jumped 51.3% to $4.12 after the company announced data from the planned interim futility analysis of its pivotal, randomized Phase 2 ALPHA3 trial in first-line consolidation large B-cell lymphoma.
• Revolution Medicines Inc (NASDAQ:RVMD) gained 38% to $133.11 after the company announced results for its Phase 3 RASolute 302 clinical trial evaluating daraxonrasib. Also, all PFS and OS endpoint results are considered final.
• Spyre Therapeutics Inc (NASDAQ:SYRE) jumped 28.7% to $66.02 after the company announced 12-week induction data from Part A of the Phase 2 SKYLINE trial of SPY001. SPY001 reached its primary endpoint.
• Syntec Optics Holdings Inc (NASDAQ:OPTX) gained 26.7% to $11.85.
• Cellectis SA (NASDAQ:CLLS) gained 20.5% to $4.32.
• Ideaya Biosciences Inc (NASDAQ:IDYA) jumped 19.5% to $36.45 after the company announced topline results from its Phase 2/3 registrational trial, OptimUM-02, evaluating darovasertib in combination with crizotinib in patients with first-line HLA-A*A2:01-negative metastatic uveal melanoma met its primary endpoint.
• Xanadu Quantum Technologies (NASDAQ:XNDU) gained 17.2% to $10.50.
• Beta Bionics Inc (NASDAQ:BBNX) surged 13.7% to $9.95.
• Lightwave Logic Inc (NASDAQ:LWLG) jumped 12% to $11.87.
• Polibeli Group Ltd (NASDAQ:PLBL) gained 11% to $8.86.
• Credo Technology Group Holding Ltd (NASDAQ:CRDO) jumped 10.6% to $132.38. Jefferies analyst Blayne Curtis initiated coverage on Credo Technology with a Buy rating and announced a price target of $175.
• Astera Labs, Inc (NASDAQ:ALAB) gained 8.9% to $162.31.
• ADMA Biologics Inc (NASDAQ:ADMA) gained 7.3% to $10.41.
• Sailpoint Inc (NASDAQ:SAIL) surged 7.1% to $11.23.
• Caris Life Sciences Inc (NASDAQ:CAI) jumped 6.8% to $19.29. Jefferies analyst Tycho Peterson initiated coverage on Caris Life Sciences with a Buy rating and announced a price target of $28.
• Avis Budget Group Inc (NASDAQ:CAR) rose 5% to $314.68.

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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.