WIX - Overseas Shipholding Micron Squarespace Incyte And Other Big Stocks Moving Higher On Monday | Benzinga
U.S. stocks were higher, with the Nasdaq Composite gaining around 100 points on Monday.
Shares of Overseas Shipholding Group, Inc. (NYSE:OSG) rose sharply during Monday's session after the company announced it entered into a definitive merger agreement to be acquired by Saltchuk Resources.
The transaction is valued at an aggregate equity value of around $653 million and a total transaction value of $950 million.
Overseas Shipholding Group shares climbed 22.8% to $8.43 on Monday.
Here are some other big stocks recording gains in today's session.
- Hims & Hers Health, Inc. (NYSE:HIMS) shares jumped 30.5% to $19.01 after the company announced the addition of GLP-1 injections to its weight loss portfolio.
- Dyne Therapeutics, Inc. (NASDAQ:DYN) gained 24% to $34.32 after the company announced clinical data from its ongoing Phase 1/2 ACHIEVE trial of DYNE-101 in patients ...