HPQ - Hot Stocks: Crypto stocks rise; POLY deal to be acquired; ESLT sets high; AMLX VIR fall

A late-day surge allowed the major U.S. equity averages to end an otherwise lackluster trading session with respectable gains. A drop in oil prices helped give stocks a boost. Amid the overall advance, cryptocurrency stocks performed extremely well. A general rally in the crypto complex supported stocks like Coinbase (NASDAQ:COIN), Riot Blockchain (RIOT), Marathon Digital (MARA), Bit Digital (BTBT), HIVE Blockchain (HIVE) and Hut 8 Mining (HUT). Poly (POLY) posted a standout gain on the session as well, skyrocketing more than 50% on a deal to be acquired. Meanwhile, Elbit Systems (ESLT) added to its recent gains to set a new 52-week high. Turning to the day's standout decliners, Amylyx Pharma (AMLX) plunged on worries ahead of a regulatory advisory meeting, dropping to its lowest level since coming public. At the same time, Vir Biotechnology (VIR) slipped to a 52-week low. Sector In Focus A rally in the cryptocurrency market

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Hot Stocks: Crypto stocks rise; POLY deal to be acquired; ESLT sets high; AMLX, VIR fall