Core Insights - U.S. stocks experienced an upward trend, with the Nasdaq Composite increasing by over 400 points on Monday [1] - Pagaya Technologies Ltd reported better-than-expected third-quarter financial results and raised its FY25 sales guidance, leading to a significant increase in its stock price [1][2] Pagaya Technologies - Pagaya Technologies reported quarterly earnings of $1.02 per share, surpassing the analyst consensus estimate of 18 cents per share [2] - The company achieved quarterly sales of $339.887 million, exceeding the analyst consensus estimate of $338.947 million [2] - Following the earnings report, Pagaya Technologies shares surged by 17.4% to $28.72 [2] Other Notable Stock Movements - Cogent Biosciences Inc saw its shares jump by 133.3% to $34.57 after positive results from its Phase 3 PEAK study [4] - Sable Offshore Corp gained 30.3% to $6.96 following a $250 million private placement announcement [4] - Personalis Inc rose by 28.8% to $8.92 after announcing Medicare coverage for its ultrasensitive MRD test in breast cancer [4] - Ironwood Pharmaceuticals, Inc. surged by 27.6% to $2.45 after reporting better-than-expected third-quarter results and raising its FY25 sales guidance [4] - Telos Corp's shares increased by 23% to $7.85 after reporting strong third-quarter results and issuing FY25 sales guidance above estimates [4] - TreeHouse Foods Inc jumped by 22.3% to $23.30 after announcing its acquisition by Investindustrial [4] - Village Farms International Inc gained 17.5% to $3.48 following better-than-expected quarterly earnings [4]
Pagaya Technologies Posts Upbeat Q3 Results, Joins Ironwood Pharmaceuticals, TreeHouse Foods And Other Big Stocks Moving Higher On Monday - Cogent Biosciences (NASDAQ:COGT), e.l.f. Beauty (NYSE:ELF)