Top Midday Gainers
Universe Pharmaceuticals (UPC) said late Friday it agreed to acquire Best Praise International for about $10.8 million.Shares of Universe Pharmaceuticals almost quadrupled as intraday trading volume catapulted to over 47.6 million from a daily average of about 362,000.Decoy Therapeutics (DCOY) agreed to a private placement of about $3.5 million with a single healthcare-focused institutional investor, according to its statement late Friday.Shares soared 87% amid a surge in intraday trading volume to over 11.7 million from a daily average of roughly 19,000.Rocket Lab (RKLB) agreed to acquire satellite communications provider Iridium Communications (IRDM) in a cash-and-stock deal valued at about $8 billion to create a vertically integrated space company, the companies said in a joint statement on Monday.Shares of Rocket Lab jumped 15% following an increase in intraday trading volume to over 28 million from a daily average of about 27.5 million.Price: $12.10, Change: $+9.14, Percent Change: +308.78%