24H｜MoonLake Surges 17%; Credo Jumps 13%; Applied Digital Gains Another 4% After Soaring 48%
Applied Digital shares gained another 3.6% in overnight trading. The shares soared 48.5% on Monday after the company said it signed two long-term lease agreements with CoreWeave for artificial intelligence data centers.
Merck has held talks to buy Swiss biotech MoonLake Immunotherapeutics for more than $3 billion, the Financial Times reported on Monday, citing three people familiar with the matter. MoonLake's shares rose 16.7% in overnight trading.
Credo Technology, an active electrical cable and interconnect products company, leaped 13% in overnight trading after it released its fourth quarter fiscal 2025 financial results that topped estimates.
Some crypto stocks gained in overnight trading. Hut 8 rose 2%; Strategy, MARA Holdings, Coinbase, and CleanSpark rose more than 1%.
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