Scholar Rock (SRRK) shares were surging in afternoon trade after analysts at Wedbush and Truist Securities Monday raised their respective price targets for the biopharmaceutical company's stock.

Scholar Rock shares recently were ahead more than 31%. Trading volume also was strong, with more than double the stock's daily average of 1.9 million shares already exchanging hands in Monday's session.

Bath & Body Works (BBWI) Monday reported fiscal Q3 adjusted net income and sales exceeding the consensus calls of analysts and the retailer also raised its forecast for its fiscal 2024 earnings and sales.

Bath & Body Works' shares recently were nearly 16% higher after climbing as much as 22% earlier Monday. Nearly 9.5 million shares have traded so far in the session compared with its daily average of around 6 million shares.

SkyWater Technology (SKYT) said it has negotiated revisions extending the maturity of its revolving loan facility with Siena Lending Group and GRC SPV Investments through the end of 2028 and also increasing the chipmaker's borrowing capacity by $30 million to a new maximum of $130 million.

Skywater shares recently were nearly 4% higher, hanging on to most of a prior 6% advance for the stock on Monday. Trading volume was lighter than usual at more than 187,000 shares compared with its daily average of almost 329,000 shares.

Price: 39.49, Change: +9.57, Percent Change: +31.99