---
title: "Elmet Group, Rum Group, Tyra Biosciences And Other Big Stocks Moving Higher On Monday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298938472.md"
description: "While the Nasdaq fell 1%, several stocks surged. Elmet Group jumped 50.6% on $450M DoD funding for tungsten supply chain expansion. Rum Group rose 15% following reports of a major GPU contract with Anthropic. Tyra Biosciences gained 14.5% after pricing a $400 million stock offering. Other cybersecurity and tech stocks, including SailPoint, Rapid7, CrowdStrike, and Okta, also posted significant gains, driven by analyst upgrades and positive corporate developments."
datetime: "2026-09-14T15:01:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298938472.md)
  - [en](https://longbridge.com/en/news/298938472.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298938472.md)
generator: "portal-rs"
---

# Elmet Group, Rum Group, Tyra Biosciences And Other Big Stocks Moving Higher On Monday

U.S. stocks were lower, with the Nasdaq index falling around 1% on Monday.

Shares of **Elmet Group Co** (NASDAQ:ELMT) shares jumped 50.6% to $24.39 during Monday’s session.

The company disclosed its plans to use part of the $450 million committed investment from the United States Department of Defense to boost tungsten supply chain and expand U.S. manufacturing units. Under the agreement, the funding will begin with a $200 million drawdown at closing, followed by additional draws.

Frequency Electronics shares jumped 30.7% to $81.13 on Friday.

Here are some other big stocks recording gains in today’s session.

-   **Rum Group Inc** (NASDAQ:RUM) gained 15% to $8.24. The move followed a report identifying Anthropic as the customer behind RUM Group’s $13.7 billion GPU services contract.
-   **Sailpoint Inc** (NASDAQ:SAIL) surged 15% to $19.82.
-   **Tyra Biosciences Inc** (NASDAQ:TYRA) gained 14.5% to $25.22. Tyra announced pricing of $400 million underwritten offering of common stock and pre-funded warrants.
-   **Blue Moon Metals Inc** (NASDAQ:BMM) jumped 14.5% to $6.25 after the company along with Elmet, and EQ Resources announced a binding letter agreement to invest $150 million – $175 million in Springer Tungsten Complex in Imlay, Nevada.
-   **Rapid7 Inc** (NASDAQ:RPD) gained 13% to $11.65.
-   **Crowdstrike Holdings Inc** (NASDAQ:CRWD) rose 12.4% to $232.37. The company announced it registered the resale of 2.12 million shares by selling stockholder.
-   **Tenable Holdings Inc** (NASDAQ:TENB) gained 12.2% to $33.78.
-   **Zscaler Inc** (NASDAQ:ZS) rose 12.1% to $184.50.
-   **Allot Ltd** (NASDAQ:ALLT) gained 12% to $8.42.
-   **Rubrik Inc** (NYSE:RBRK) jumped 11.7% to $96.78.
-   **SentinelOne Inc** (NYSE:S) rose 11.6% to $22.06.
-   **Palo Alto Networks Inc** (NASDAQ:PANW) gained 11.5% to $368.74.
-   **Okta Inc** (NASDAQ:OKTA) rose 9.8% to $182.82. Wells Fargo analyst Richard Poland maintained Okta with an Overweight rating and raised the price target from $180 to $200.
-   **Roblox Corp** (NASDAQ:RBLX) gained 8.7% to $49.47  after B of A Securities and Wedbush raised their respective price targets on the stock.
-   **HubSpot Inc** (NYSE:HUBS) climbed 7.5% to $242.31.
-   **Fortinet Inc** (NASDAQ:FTNT) gained 6.8% to $166.66.

*Photo via Shutterstock*

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**