CureVac, TELUS International, Oracle And Other Big Stocks Moving Higher On Thursday

U.S. stocks were higher, with the Dow Jones index gaining around 0.1% on Thursday.

Shares of CureVac N.V. (NASDAQ:CVAC) rose sharply during Thursday's session after BioNTech announced it will acquire the company in an all-stock transaction.

CureVac shares jumped 38% to $5.61 on Thursday.

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

• TELUS International (Cda) Inc. (NASDAQ:TIXT) gained 20.6% to $3.57 after the company announced it proposed the acquisition of TELUS Digital to accelerate AI and SaaS transformation across core business sectors.
• Fortrea Holdings Inc. (NASDAQ:FTRE) jumped 15% to $6.25. Fortrea adopted limited-duration stockholder rights plan.
• Oracle Corporation (NYSE:ORCL) gained 13.7% to $200.65 after the company reported better-than-expected quarterly financial results and issued upbeat outlook commentary.
• Hippo Holdings Inc. (NYSE:HIPO) rose 13.1% to $30.64. The Baldwin Group entered into agreement to acquire Homebuilder Distribution Network from Hippo.
• USA Rare Earth, Inc. (NASDAQ:USAR) climbed 12.8% to $14.05.
• DeFi Development Corp. (NASDAQ:DFDV) gained 11.7% to $29.34. The company announced it secured a $5 billion equity facility with RK Capital.
• Yuanbao Inc. (NASDAQ:YB) rose 11.7% to $17.58.
• TransAlta Corporation (NYSE:TAC) gained 7.4% to $11.25. Jefferies analyst Julien Dumoulin-Smith upgraded TransAlta from Hold to Buy and raised the price target from C$12 to C$20.
• Genius Sports Limited (NYSE:GENI) rose 6.5% to $10.28. Texas Capital Securities analyst David Bain initiated coverage on Genius Sports with a Buy rating and announced a price target of $14.
• BeOne Medicines Ltd. (NASDAQ:ONC) rose 6% to $277.93 after the company announced that the FDA approved a new tablet formulation of BRUKINSA for all five approved indications.

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