02:37 PM EDT, 03/11/2025 (MT Newswires) -- 2seventy bio (TSVT) said late Monday that it agreed to be acquired by Bristol Myers Squibb (BMY) for $5 per share in an all-cash deal valuing the company at about $286 million.

Shares of 2seventy surged 76% as intraday trading volume soared to more than 29.6 million from a daily average of about 336,000.

Tenon Medical ( TNON ) said late Monday that the European patent office notified the company two additional patents directed at the Catamaran SI Joint Fixation Device were approved for a grant within the European Community.

Shares soared 51% as intraday trading volume catapulted to more than 33.3 million from a daily average of about 172,000.

Hesai ( HSAI ) will provide lidar sensors for smart cars that Mercedes-Benz is developing for sale in global markets, Reuters reported. A Hesai ( HSAI ) spokesperson told MT Newswires that the company "does not comment on rumors or unverified information related to its business partnerships or arrangements."

Shares of Hesai ( HSAI ) advanced 48%, with intraday trading volume rising to over 23.6 million compared with a daily average of about 3.4 million.

Price: 4.95, Change: +2.15, Percent Change: +76.61