Today's Big Gainers: RIG, MON, MOS, SNIC, ATML
Thursday, August 05, 2021 2:19 PM

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Transocean Ltd. (NYSE: RIG) surged more than 6% after the  Switzerland-based rig operator said in a regulatory filing that its contract with BP protects it against fines, penalties and other legal damages related to the Deepwater Horizon incident.

Shares of seed maker Monsanto (NYSE: MON) rallied more than 4% as wheat futures soared to a 23-month high after Russia imposed a temporary ban on grain exports due to severe drought. 

Mosaic Co. (NYSE: MOS) shares gained more than 2% on speculation that higher grain prices would boost fertilizer demand.

Sonic Solutions (NASDAQ: SNIC) jumped more than 16% after the digital media company announced that is teaming up with Widevine to provide retailers the opportunity to offer movie services on a broad array of mobile devices and smart phones from a range of manufacturers. The company said that the expanded device support will facilitate the delivery of movies and other video content to popular Android, iPad, iPhone, and Blackberry devices. New device support is expected to be rolled out by partners this holiday season.

Shares of Atmel Corp. (NASDAQ: ATML) soared more than 20% on Thursday, a day after the semiconductor company posted better-than-expected results for the second quarter, helped by robust sales of microcontrollers, and forecast third-quarter sales above analysts' estimates.

Disclosure: Author doesn't own any of the stocks discussed here.

 

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