U.S. stocks traded higher, with the Dow Jones index gaining around 200 points on Monday.
Shares of NuStar Energy L.P. (NYSE: NS) rose sharply during Monday’s session after Sunoco announced it will acquire the company in an all-equity transaction valued at roughly $7.3 billion.
NuStar Energy shares jumped 14.2% to $20.59 on Monday.
Here are some other big stocks recording gains in today’s session.
- Sagimet Biosciences Inc. (NASDAQ: SGMT) shares surged 135% to $15.99 after the company announced denifanstat in the Phase 2b FASCINATE-2 clinical trial achieved statistically significant results on the primary and multiple secondary endpoints.
- Rumble Inc. (NASDAQ: RUM) gained 25.6% to $4.51 after the company announced a partnership with Barstool Sports.
- Digital ...