DIDI - Hot Stocks: DIDI jumps; solar stocks rise; PRAX plunges on clinical data; PRPH extends high
Wall Street recorded modest gains on Monday, as the major U.S. equity averages continued the uncertain trading that marked last week. Investors continue to seek direction amid fears about interest rates and the economy. Despite the general lack of commitment, solar stocks were able to notch notable gains. Thanks to a tariff relief program for certain solar panels, stocks like Canadian Solar (CSIQ), JinkoSolar (JKS), Sunrun (RUN) and Enphase Energy (ENPH) pushed higher. Elsewhere, DiDi Global (DIDI) climbed more than 20% on reports that China's regulators might be winding down a long-standing probe of the company. At the same time, ProPhase Labs (PRPH) expanded recent gains to set yet another 52-week high. Looking to the downside, Q2 Holdings (QTWO) plunged on reports that a sale process for the company failed to get the kinds of bids the firm expected. At the same time, Praxis Precision Medicines (PRAX) lost more than
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Hot Stocks: DIDI jumps; solar stocks rise; PRAX plunges on clinical data; PRPH extends high