U.S. stocks were mostly higher, with the Nasdaq Composite gaining around 0.1% on Monday.
Shares of Model N, Inc. (NYSE: MODN) rose sharply during Monday’s session after the company announced it will be acquired by Vista Equity Partners for $1.25 billion.
Model N shares jumped 10.7% to $30.00 on Monday.
Here are some other big stocks recording losses in today’s session.
- Destiny Tech100 Inc. (NASDAQ: DXYZ) shares climbed 33.8% to $79.30 after jumping around 77% on Friday.
- Adlai Nortye Ltd. (NASDAQ: ANL) shares surged 27.9% to $10.68.
- Apartment Income REIT Corp. (NYSE: AIRC) shares jumped 22.6% to $38.47. Blackstone Real Estate will take AIR Communities private for approximately $10 billion.
- Ducommun Incorporated (NYSE: DCO) shares gained 17.5% to $57.11 after ...