Movano(US:MOVE) Benzingaยท2025-11-10 17:01Market Overview - U.S. stocks experienced an upward trend, with the Nasdaq Composite gaining over 400 points on Monday. The Dow increased by 0.17% to 47,068.14, the NASDAQ surged 1.86% to 23,433.12, and the S&P 500 rose 1.04% to 6,798.73 [1] - European shares also saw gains, with the eurozone's STOXX 600 rising 1.54%, Spain's IBEX 35 Index gaining 1.71%, London's FTSE 100 up 1.17%, Germany's DAX 40 increasing by 1.82%, and France's CAC 40 climbing 1.52% [6] Company Performance - Dole Plc (NYSE:DOLE) shares surged approximately 8% after reporting third-quarter results, with adjusted earnings of 16 cents per share, which missed analysts' forecasts of 17 cents and represented a 15.8% decline from 19 cents per share a year earlier. Revenue increased by 10.5% year over year to $2.28 billion, exceeding expectations of $2.15 billion [2] - Galecto Inc (NASDAQ:GLTO) shares skyrocketed 294% to $19.51 following the announcement of the acquisition of Damora Therapeutics [8] - Movano Inc (NASDAQ:MOVE) shares surged 206% to $14.59 after announcing a merger agreement with Corvex [8] - Cogent Biosciences Inc (NASDAQ:COGT) shares rose 125% to $33.36 after its Phase 3 PEAK study showed a median progression-free survival of 16.5 months for bezuclastinib plus sunitinib, with plans to submit an NDA to the FDA for bezuclastinib in intolerant gastrointestinal stromal tumors [8] - Lazydays Holdings Inc (NASDAQ:GORV) shares dropped 40% to $0.97 after announcing plans to delist from the Nasdaq [8] - Motorcar Parts of America Inc (NASDAQ:MPAA) shares fell 22% to $13.52 after reporting mixed quarterly financial results [8] - Surgery Partners Inc (NASDAQ:SGRY) shares decreased by 23% to $16.52 following mixed third-quarter financial results and a cut in FY25 sales guidance below estimates [8] Commodity Market - In commodity news, oil prices decreased by 0.2% to $59.65, while gold prices increased by 2.2% to $4,097.60. Silver rose by 3.7% to $49.920, and copper increased by 1.4% to $5.0240 [5]