Stocks finished Monday after Pfizer (PFE) - Get Report said that in a large-scale study, its coronavirus drug candidate prevented more than 90% of infections and that later this month it planned to seek emergency-use authorization for the vaccine from U.S. health officials.
Here are some of the top gainers for Monday:
J&J Snack Foods | Percentage Increase Over 14%
J&J Snack Foods (JJSF) - Get Report jumped after the company beat Wall Street's fiscal-fourth-quarter earnings and revenue expectation. Executives said the company was "bouncing back" from the impact of the coronavirus pandemic.
Reata Pharmaceuticals | Percentage Increase Over 32%
Reata Pharmaceuticals (RETA) - Get Report was rising after the biotech beat Wall Street's third-quarter earnings expectations. The company also said that a Phase 3 Cardinal study of bardoxolone in patients with chronic kidney disease caused by Alport syndrome met its primary and key secondary endpoints at the end of the second year.
Cinemark Holdings | Percentage Increase Over 45%
Cinemark Holdings (CNK) - Get Report and other entertainment stocks climbed following the Pfizer announcement about its coronavirus vaccine. The movie theater operator also provided upbeat commentary last week about its future in a post-covid world.
Blucora | Percentage Increase Over 15%
Blucora (BCOR) - Get Report climbed after the asset manager beat Wall Street's third-quarter earnings and revenue expectations. The company said advisory assets increased 23% year-over-year. Total client assets ended the quarter at $76.2 billion, with $32.4 billion, or 42.6%, in advisory assets.
Yelp | Percentage Increase Over 19%
Yelp (YELP) - Get Report rose after the online review company beat Wall Street's quarterly expectations and was upgraded to outperform at RBC with a price target of $29. The investment firm said "the worst is behind" the company. Entertainment-related stocks were also rising following's Pfizer announcement about its coronavirus vaccine.