Stocks in Motion: Big Winners and Losers on Monday

Let's talk about stocks that made big moves on Monday. The day started with stock futures going up slightly, kicking off the third quarter of 2024. Spirit AeroSystems (SPR) had a fantastic day, jumping over 8% after Boeing announced they'll buy the company for around $8. 3 billion. This is a big deal because it represents a 26% increase from what SPR was worth before the news broke. Cryptocurrency stocks also did well. Companies like Bit Digital (BTBT), Coinbase Global (COIN), and Marathon Patent Group (MARA) saw gains as Bitcoin's price went up by over 2%. Li Auto (LI), a Chinese company that makes electric vehicles, had a great day too. They announced they sold 47,774 cars in June, which is a huge increase from last year and even from May. Their total sales for the second quarter of 2024 were over 108,581 cars, showing steady growth. NIO (NIO), another electric vehicle company, also had a good day. They shared their delivery numbers for June and the second quarter, showing big increases from last year. As of now, NIO has sold over half a million cars in total. But not all stocks did well on Monday. Some lost value, but let's focus on the winners today!