5 Top Stock Gainers for Monday: Ocugen, Domino's, BioNTech
Stocks finished mixed Monday as investors bet on a strong U.S. recovery.
Here of some of the top stock gainers for Monday:
1. Ocugen | Increase 24%
Ocugen (OCGN) - Get Ocugen, Inc. Report climbed after the biopharma said that a new study found its coronavirus-vaccine candidate was potentially effective against the Brazil variant of COVID-19.
The company said the Brazilian variant contains the E484K mutation that was found in New York.
2. Domino's Pizza | Increase 2.7%
Shares of Domino's Pizza (DPZ) - Get Domino's Pizza Inc Report were rising after the fast-food chain operator said that it had entered into a $1 billon accelerated-share-repurchase agreement with Barclays.
Under the terms, it would pay the bank $1 billion cash for about two million shares.
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3. Meredith | Increase 13%
Meredith (MDP) - Get Meredith Corporation Report shares rose after the publisher said it would sell its broadcast TV stations to Gray Television (GTN) - Get Gray Television Inc. Report for $2.7 billion cash.
The company said it would now focus on its national media group, which includes magazines such as People and Better Homes & Gardens.
4. CarMax | Increase 2.8%
Shares of CarMax (KMX) - Get CarMax Inc Report advanced after Evercore ISI added the used-car retailer to its Tactical Outperform List.
Last month, CarMax reported a drop in fiscal-fourth-quarter profit but topped Wall Street estimates. Revenue for the quarter ended Feb. 28 rose 4% to $5.16 billion from $4.96 billion in the year-ago period.
5. BioNTech | Increase 11%
BioNTech (BNTX) - Get BioNTech SE Report jumped after the European Union's drug regulator said it was evaluating the company's two-shot coronavirus vaccine, jointly developed with Pfizer (PFE) - Get Pfizer Inc. Report, for use in children between the ages 12 to 15.
The shares broke a record after closing at highs four out of five days last week, according to Bloomberg.
