Penske Automotive, OPKO Health, Ericsson And Other Big Stocks Moving Higher On Thursday

U.S. stocks were mixed, with the Dow Jones index gaining around 200 points on Thursday.

Shares of Penske Automotive Group, Inc. (NYSE:PAG) rose sharply after the company announced a $16.3 billion deal to go private.

Under the agreement announced Thursday, Penske Corporation and Japan’s Mitsui & Co., Ltd. will acquire the remaining shares they do not already own for $212 per share in cash.

Penske Automotive shares jumped 8.5% to $211.25 on Wednesday.

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

• OPKO Health Inc (NASDAQ:OPK) shares jumped 13.2% to $1.55 after Labcorp agreed to acquire select assets of OPKO’s subsidiary BioReference Health for $722 million in cash plus a potential $150 million earnout.
• Dream Finders Homes Inc (NYSE:DFH) gained 12.6% to $8.35.
• Indaptus Therapeutics Inc (NASDAQ:INDP) surged 11.7% to $2.47.
• Adlai Nortye Group Ltd (NASDAQ:ANL) gained 11.2% to $12.11. Adlai Nortye Group entered into clinical trial collaboration and supply agreements with Eli Lilly and Merck KGaA for the ERBITUX anti-EGFR antibody.
• Sonic Automotive Inc (NYSE:SAH) rose 8.8% to $65.35. Sonic Automotive announced it will release fiscal 2026 third quarter financial results on Thursday, Oct. 29.
• LB Pharmaceuticals Inc (NASDAQ:LBRX) gained 8.6% to $36.94.
• Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) surged 8.5% to $10.38 after the company reported better-than-expected quarterly financial results.
• Winmark Corp (NASDAQ:WINA) rose 8.2% to $322.41.
• Katapult Holdings, Inc. (NASDAQ:KPLT) gained 8.1% to $5.32.
• The Campbell’s Company (NASDAQ:CPB) jumped 6.7% to $20.30.
• Group 1 Automotive, Inc. (NYSE:GPI) rose 6.7% to $243.80.
• Lithia Motors, Inc. (NYSE:LAD) rose 6.7% to $299.00.
• Asbury Automotive Group, Inc. (NYSE:ABG) gained 6.5% to $172.34.

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