MicroStrategy, Coinbase, Robinhood, Tesla And Other Big Stocks Moving Higher On Monday
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U.S. stocks were higher, with the Dow Jones index gaining around 250 points on Monday.
Shares of MicroStrategy Incorporated (NASDAQ:MSTR) rose sharply during Monday's session amid a rise Bitcoin.
Bitcoin prices rose past the key $63,000 level on Monday.
MicroStrategy shares jumped 11.5% to $1,556.89 during the session.
Here are some other big stocks recording gains in today’s session.
- Trump Media & Technology Group Corp. (NASDAQ:DJT) shares jumped 32.8% to $41.03 following the attempted assassination of Donald Trump. The company's CEO Devin Nunes issued the following statement in response to the attempted assassination of President Donald J. Trump, “I offer my deepest sympathies to the family of the rally goer killed in Butler, Pennsylvania, and to those who were wounded. I thank God President Trump survived the assassination attempt and is now safe.”
- Innodata Inc. (NASDAQ:INOD) shares gained 22.1% to $20.66. Maxim Group analyst Allen Klee initiated coverage on Innodata with a Buy rating and announced a price target of $30.
- BitFuFu Inc. (NASDAQ:FUFU) surged 20.3% to $5.16 after Bitcoin rose above $63,000.
- Humacyte, Inc. (NASDAQ:HUMA) gained 19% to $8.32 after the Pluristyx announced a license agreement with the company.
- Aurora Innovation, Inc. (NASDAQ:AUR) shares gained 15.6% to $4.28.
- Hut 8 Corp. (NASDAQ:HUT) climbed 13% to $19.17 after Bitcoin rose above $63,000.
- Coinbase Global, Inc. (NASDAQ:COIN) climbed 11.2% to $242.51 after Bitcoin rose above $63,000.
- Upstart Holdings, Inc. (NASDAQ:UPST) gained 10.3% to $29.91.
- CleanSpark, Inc. (NASDAQ:CLSK) gained 9.9% to $17.42 after Bitcoin rose above $63,000.
- The GEO Group, Inc. (NYSE:GEO) gained 9.7% to $17.50.
- Marathon Digital Holdings, Inc. (NASDAQ:MARA) rose 9.5% to $22.74 after Bitcoin rose above $63,000.
- GoodRx Holdings, Inc. (NASDAQ:GDRX) gained 8% to $8.33. GoodRx is expected to release its second quarter 2024 financial results before the opening bell on Thursday, Aug. 8.
- Riot Platforms, Inc. (NASDAQ:RIOT) gained 8% to $10.59 after Bitcoin rose above $63,000.
- Robinhood Markets, Inc. (NASDAQ:HOOD) climbed 7.1% to $23.86.
- Tesla, Inc. (NASDAQ:TSLA) rose 6% to $263.03 possibly after CEO Elon Musk endorsed former President Trump on X after the attempted assassination. In response to the attack, Trump-adjacent stocks moved higher on Monday.
- Steel Dynamics, Inc. (NASDAQ:STLD) gained 4.7% to $135.30.
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