Stocks ended higher Thursday as investors keep their eyes lawmakers' efforts on crafting the fifth coronavirus aid package.
These are some of the top gainers in the stock market Thursday.
1. Bed Bath & Beyond | Percentage Increase 25%
Bed Bath & Beyond (BBBY) - Get Bed Bath & Beyond Inc. Report shares surged after the home-goods retailer posted second-quarter earnings that topped Wall Street forecasts as online sales continued to surge. Comparable-store sales rose 6% from last year.
2. Enlivex Therapeutics | Percentage Increase 48%
Enlivex Therapeutics (ENLV) - Get Enlivex Therapeutics Ltd. Report shares jumped after the drugmaker published positive results from a clinical trial of its developing coronavirus treatment. Enlivex said the trial of five patients, including three suffering severe forms of Covid-19 symptoms, recovered completely and were released from the hospital after an average stay of just 5 1/2 days.
3. American Equity Investment Life | Percentage Increase 44%
American Equity Investment Life Holding (AEL) - Get American Equity Investment Life Holding Company Report shares leaped after the insurer said it had received a takeover bid valued at $3 billion from Athene Holding (ATH) - Get Athene Holding Ltd. Class A Report and Massachusetts Mutual Life Insurance. The bid was $36 for each of its common shares outstanding.
4. SailPoint Technologies | Percentage Increase 15%
SailPoint Technologies (SAIL) - Get SailPoint Technologies Holdings, Inc. Report advanced after the identity and access management software maker was upgraded by Morgan Stanley analyst Hamza Fodderwala to overweight from equal weight, and he set his share price target at $50, up from $23.
5. Watford Holdings | Percentage Increase 25%
Watford Holdings (WTRE) - Get Watford Holdings Ltd. Report surged after Enstar Group made a bid to buy the reinsurer for $31 a share. Enstar currently holds a 9.1% stake in Watford after recently increasing its share from the 5% acquired in the first quarter of 2020, according to Reinsurance News.