ITMR - Hot Stocks: Box office excitement; ITMR TROX rise on M&A; MDXG failed trials; CVGW continues slide

While COVID remains one of the key risks facing the broader markets, there have been signs that the post-pandemic reopening has persisted even in the face of the Delta variant. On Monday, cinema stocks epitomized this optimism, rising on a second consecutive week of strong box-office performance. AMC Entertainment (NYSE:AMC), Cinemark (NYSE:CNK) and IMAX (NYSE:IMAX) all posted gains on the session. Elsewhere, M&A news spurred two of the other notable gainers on Monday. Itamar Medical (NASDAQ:ITMR) rose on a deal to be acquired by Zoll Medical, while Tronox (NYSE:TROX) established a new intraday 52-week high following reports of a takeover offer from Apollo Global Management (NYSE:APO). Looking at the other side of the ledger, MiMedx (NASDAQ:MDXG) was one of the day's biggest losers. Shares lost more than half their value as its product failed in two clinical trials. Meanwhile, Calavo Growers, Inc. (NASDAQ:CVGW) extended some recent weakness following last week's

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Hot Stocks: Box office excitement; ITMR, TROX rise on M&A; MDXG failed trials; CVGW continues slide