IQIYI, Compass Diversified, Sigma Lithium And Other Big Stocks Moving Higher On Monday

U.S. stocks were higher, with the Dow Jones index gaining more than 400 points on Monday.

Shares of IQIYI Inc – ADR (NASDAQ:IQ) rose sharply during Monday’s session after the company announced a $100 million share buyback. Also, the company has submitted a listing application form to the Hong Kong Stock Exchange.

IQIYI shares jumped 10% to $1.32 on Monday.

Here are some other big stocks recording gains in today’s session.

• Compass Diversified Holdings (NYSE:CODI) surged 17.4% to $7.84 after the company announced it will sell the food service business of its majority-owned subsidiary, SternoCandleLamp Holdings, to Archer Foodservice Partners.
• United Therapeutics Corp (NASDAQ:UTHR) jumped 14.7% to $599.64 after the company announced that its TETON-1 study evaluating the use of nebulized Tyvaso for the treatment of idiopathic pulmonary fibrosis met its primary efficacy endpoint.
• Sigma Lithium Corp (NASDAQ:SGML) gained 13% …

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