Market on Mute? Not for These 10 Stocks With Surprising Gains

Ten stocks kicked off the trading week, boasting strong gains and outpacing an overall sluggish session on the broader market.

During the day, Wall Street’s main indices finished in the green but with lackluster gains, with the Nasdaq rising 0.27 percent, the S&P 500 increasing 0.14 percent, and the Dow Jones up by 0.20 percent.

Meanwhile, the 10 companies in our list boasted between 8 and 17 percent gains amid company-specific developments, while investors began repositioning portfolios ahead of the earnings season.

In this article, let us explore the names of the 10 top performers alongside the reasons behind their gains.

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

10. Hims & Hers Health, Inc. (NYSE:HIMS)

Hims & Hers bounced back by 8.64 percent on Monday to close at $52.03 following announcements that it remains open to working with Novo Nordisk in the future despite the termination of its earlier partnership.

Novo Nordisk, maker of blockbuster drugs Wegovy and Ozempic, terminated its deal with Hims & Hers Health, Inc. (NYSE:HIMS) in June over allegations that the latter failed to adhere to federal laws that prohibit mass sales of compounded drugs under the false guise of “personalization.”

Hims & Hers Health, Inc. (NYSE:HIMS) has been selling knockoff versions of the drugs for years amid strong demand, but was this year ordered by the Food and Drug Administration (FDA) to stop due to a now sufficient supply.

After the termination, Hims & Hers Health, Inc. (NYSE:HIMS) CEO Andrew Dudum said he was upset that Novo Nordisk felt the pressure over the knockoff version, but said that there was “no way in hell we’re going to cave on that.”

Based on its historical reporting dates, Hims & Hers Health, Inc. (NYSE:HIMS) will report its earnings results for the second quarter in the first week of August 2025.

9. Quantum Computing Inc. (NASDAQ:QUBT)

Quantum Computing jumped by 8.66 percent on Monday to close at $18.94 apiece, in line with its peers, as investors repositioned portfolios ahead of the overall market’s entry into the second quarter earnings season.

Quantum Computing Inc. (NASDAQ:QUBT) traded higher alongside its counterparts, namely Rigetti Computing Inc., D-Wave Quantum Inc., and IonQ Inc.

Sentiment was further supported by its inclusion in two Russell indices—the Russell 3000 index and the Russell 2000 index—on June 30, which paved the way for further visibility among institutional investors.

The Russell 3000 Index includes the largest 3,000 US public companies by market capitalization, while the Russell 2000 Index is a subset of the broader Russell 3000 Index limited to small-cap companies. Both indices are reconstituted annually by re-ranking companies based on total market capitalization as of the reconstitution rank date, which was April 30, 2025, this year.