Landos Biopharma Inc. (LABP) shares are surging more than 169 percent on Monday morning trade after the company announced a definitive agreement to be acquired by AbbVie Inc.
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite turning higher on Monday. The Dow traded down 0.37% to 39,331.42 while the NASDAQ rose 0.06% to 16,439.38. The S&P 500 also fell, dropping, 0.12% to 5,227.95.