10 Stocks Stealing Wall Street Spotlight

Ten stocks kicked off the trading week boasting double-digit gains, mirroring a broader market rally, on the back of company-specific developments.

On Wall Street, the Nasdaq led gains with 2.69 percent, followed by the S&P 500 with 1.55 percent, and the Dow Jones, up 0.44 percent.

In this article, we name the 10 top performers on Monday and break down the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and more than 5 million shares in trading volume.

10. WeRide Inc. (NASDAQ:WRD)

WeRide saw its share prices grow by 14.72 percent on Monday to close at $8.26 apiece as investors cheered its strong performance in the third quarter of the year.

In an updated report, WeRide Inc. (NASDAQ:WRD) said it narrowed its net loss attributable to shareholders by 70 percent to 307 million yuan from 1.04 billion yuan in the same period last year.

Revenues, on the other hand, increased by 144 percent to 170.98 million yuan from 70 million yuan in the same comparable period, primarily driven by its continued global fleet expansion and increasing service penetration.

Of the total, revenues from products and services soared by 428 percent and 66.9 percent, respectively.

As of the third quarter, WeRide Inc. (NASDAQ:WRD) now operates more than 1,600 vehicles, of which nearly 750 are robotaxis.

It was also able to expand into eight countries, the latest being Switzerland, after securing the latter’s driverless permit approval just this month, authorizing it to operate autonomously on public roads in the Furttal region in the Canton of Zurich.

9. IREN Ltd. (NASDAQ:IREN)

IREN Ltd. snapped a three-day losing streak on Monday, jumping 14.74 percent to close at $48.49 apiece, as investors took heart from an investment firm’s higher price target for its stock.

In a market note on the same day, IREN Ltd. (NASDAQ:IREN) earned a new price target of $39 from JPMorgan, or a 39 percent jump from its previous fair value assessment of $28.

The new price, however, was 19 percent lower than its latest closing price.

The revision reflected JPMorgan’s optimism for the overall high-performance computing (HPC) sector, having similarly upgraded IREN Ltd.’s (NASDAQ:IREN) counterparts, namely CleanSpark and Cipher Mining.

In other news, IREN Ltd. (NASDAQ:IREN) earlier this month received a higher price target of $70 from Canaccord Genuity, versus $42 previously.

Canaccord’s price target marked a 44 percent upside potential from IREN Ltd.’s (NASDAQ:IREN) latest closing price.

In other news, IREN Ltd. (NASDAQ:IREN) swung to a net income of $384.6 million in the first quarter of fiscal year 2026 from a $51.7 million net loss in the same period last year.

Revenues jumped by 355 percent to $240.3 million from $52.8 million year-on-year.