Check out the companies making the biggest moves in intraday trading: Stanley Black & Decker — Shares soared more than 4% after the power tools maker said recent Section 232 tariff changes would not materially impact its full-year outlook. According to the White House, the Section 232 tariffs generally impose a 50% tax rate on aluminum, steel, and certain related products, but a 25% tax rate on some specific copper and derivative products. FERMI — The energy infrastructure development company’s stock price fell more than 22% following the resignation of Chief Financial Officer Miles Everson, just days after CEO Toby Neugebauer stepped down. Fermi was co-founded by former Energy Secretary Rick Perry to power AI data center projects. Compass Pathways, AtaiBeckley — The psychedelic-focused drug development company was among several stocks, primarily small-cap stocks, that soared following President Donald Trump’s executive order to accelerate research and access to psychedelic drugs. Ataibekley’s stock price rose more than 25%, while Compass rose nearly 40%. Biogen — Shares of the biotech rose nearly 3% after the company agreed to pay $850 million to TJ BioPharma for exclusive marketing rights in China for ferzaltamab, an experimental treatment for immune-related diseases such as IgA nephropathy. The deal gives Biogen worldwide rights to develop and market the drug. AIRLINES — The group was under pressure Monday as investors worried that renewed tensions between the U.S. and Iran will keep energy prices high and reduce consumer travel. American Airlines fell nearly 5% and United Airlines fell more than 2%. JetBlue Airways and Delta Air Lines each fell about 1%. Fertilizer stocks — Continued disruption to shipping traffic in the Strait of Hormuz also boosted trading in chemical and fertilizer stocks on Monday. CF Industries stock rose nearly 2% after falling about 10% on Friday. The Dow and LyondellBasell Industries rose about 4% and 2%, respectively, after falling double digits on Friday. Marvell Technology , Broadcom — Marvell stock rose more than 4% after The Information reported that the company is in talks with Google to develop two new AI chips. Broadcom, which recently agreed to produce future versions of Google’s AI chips, fell nearly 2% on the news. TopBuild — The insulation installation and sales company soared more than 16% after QXO announced it would acquire the company for $17 billion. QXO said in a release that the acquisition will create a high-margin business that will immediately increase revenue. Still, QXO stock fell nearly 8% on news of the deal. AST SpaceMobile — Shares fell 8% after a satellite launched over the weekend was placed in the wrong orbit. The company said in a release that it expects to recover the cost of the satellite through insurance and plans to launch into orbit once every one to two months in 2026. Cruise Lines – Concerns about rising fuel costs again and consumer demand weighed on these stocks on Monday. Carnival fell 1%, Norwegian Cruise Line fell nearly 5% and Royal Caribbean Group fell nearly 3%. —CNBC’s Fred Imbert and Nick Wells contributed reporting.
