02:20 PM EDT, 04/07/2025 (MT Newswires) -- Janover ( JNVR ) said Monday it raised about $42 million in an offering of convertible notes and warrants from several investors in a private offering.

Shares surged over 600% as intraday trading volume catapulted to over 19.5 million from a daily average of about 13,800.

AppLovin ( APP ) Chief Executive Officer Adam Foroughi said Friday in a CNBC interview that his company's offer for TikTok is "a much stronger bid than others." In a statement emailed to MT Newswires, Foroughi said the firm has a deal that can "provide a win for the Trump administration and for the creators of TikTok."

Shares of AppLovin ( APP ) rose about 8% as trading volume jumped to over 10 million from a daily average of about 8.45 million.

CoStar Group ( CSGP ) said that it appointed Louise Sams as board chair, effective immediately. Sams has been on the company board since 2019. CoStar ( CSGP ) also entered into support agreements with D. E. Shaw and Third Point.

Shares advanced more than 6%, with intraday trading volume of over 4.8 million against a daily average of about 3.3 million.

Price: 29.15, Change: +25.15, Percent Change: +628.83