In company news, iPower (IPW) was 2.1% higher after the online retailer of hydroponics equipment said it leased a 100,000 square foot warehouse in Rancho Cucamonga, California, more than doubling the company's warehouse and logistics capacity to support strong demand and expansion plans.
Rover Group (ROVR) was 6.3% higher after the ecommerce platform for pet sitters and dog walkers came public Monday following the completion of its merger with Nebula Caravel Acquisition, a blank-check company backed by True Wind Capital.
Ever-Glory International (EVK) more than doubled in price Monday, rising almost 111% in recent trading, after the branded apparel retailer authorized a $5 million stock buyback program running through the end of the year.
To the downside, Ferrari (RACE) slid 2.8% after the carmaker reported Q2 sales of 1.04 billion euros, up more than 82% over the year-ago period but still trailing the average analyst estimate of 1.07 billion euros in sales for the three months ended June 30 in a Capital IQ survey.
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