Why These 5 Stocks Are Trending on Monday

In this article we take a look at five stocks that are trending on Monday. If you want to read our detailed analysis of these stocks, go to read Why These 10 Stocks Are Trending on Monday.

5. Harley-Davidson, Inc. (NYSE:HOG) has risen over 8.9% after the United States and the European Union eased their dispute over steel and aluminium tariffs. With the settlement, Harley-Davidson, Inc. (NYSE:HOG) may no longer pay as many tariffs as it could have. Shares of Harley-Davidson, Inc. (NYSE:HOG) are up 10% year to date. At Q2’s end, a total of 37 of the hedge funds tracked by Insider Monkey held long positions in Harley-Davidson, Inc. (NYSE:HOG), a change of 32% from the previous quarter.

4. Moderna, Inc. (NASDAQ:MRNA) trended today after the FDA delayed a decision on whether to approve Moderna’s COVID-19 vaccine for adolescents aged 12 to 17. A final decision from the FDA may not come until January 2022. Renaissance Technologies was among the elite funds with holdings in Moderna, Inc. (NASDAQ:MRNA) at the end of June.

3. Roblox Corporation (NYSE:RBLX) is in the spotlight after the online gaming site suffered an outage from late Thursday to Sunday afternoon. Although the site is now back online, shares of the stock are down around 3.3%. Roblox Corporation (NYSE:RBLX) shares are up almost 17% year to date, however. Tiger Global Management LLC held more than 27.3 million shares of Roblox Corporation (NYSE:RBLX) at the end of June.

2. GameStop Corp. (NYSE:GME) rallied by 10.6% despite COO Jenna Owens leaving after just seven months. Owens was previously an executive at Amazon and Google. Shares of GameStop Corp. (NYSE:GME) are highly affected by sentiment. Ken Griffin’s Citadel Investment Group owned both puts and calls on GameStop Corp. (NYSE:GME) at the end of Q2.

1. Barclays PLC (NYSE:BCS) is in the spotlight after the bank said its CEO, Jes Staley, will step down after an investigation into his relationship with Jeffrey Epstein. C.S. Venkatakrishnan will become CEO subject to regulatory approval.  Renaissance Technologies owned over 1.2 million shares of Barclays PLC (NYSE:BCS) at the end of June.

Disclosure: None.