Netflix Inc.’s stock NFLX, -0.15% rose 0.6% toward a third-straight gain, after the video-streaming giant is planning to raise the price of its ad-free service once the current actors strike ends, as The Wall Street Journal reported.
Shares of ALX Oncology Holdings Inc. ALXO, +52.73% soared 48% after the company said it would discuss interim Phase 2 trial results on a call Tuesday. Point Biopharma Global Inc.’s stock PNT, +85.56% shot up 85%, and was the Nasdaq’s second-biggest gainer, after the cancer treatment company announced an agreement to be bought by drug giant Eli Lilly & Co. LLY, -3.50% in a deal valued at about $1.4 billion. Eli Lilly’s stock fell 3%.Tesla Inc. shares TSLA, -2.
Shares of WeWork Inc. WE, -22.06% tumbled 23% toward a record low after the provider of co-working office space said it would miss interest payments so it could continue talks with its lenders.