U.S. stocks were higher, with the Nasdaq Composite gaining over 2% on Monday.

Shares of Ouster Inc (NASDAQ:OUST) gained 15.8% to $46.09 after the company announced the expansion of their partnership with Benchmark Electronics to support high-volume production of its new Rev8 OS sensor family.

Ouster shares jumped 15.8% to $46.09 on Monday.

Here are some other big stocks recording gins in today's session.

Paranovus Entertainment Technology Ltd (NASDAQ:PAVS) gained 92.1% to $0.40 after the company announced that it has entered into a non-binding Letter of Intent regarding the proposed acquisition of Jabanero for an aggregate purchase price in the range of $15 million and $20 million.