U.S. stocks fell on Monday, with the Nasdaq index down around 1%, while Elmet Group Co. shares surged 50.6% to $24.39. The company said it plans to use part of a $450 million committed investment from the United States Department of Defense to strengthen the tungsten supply chain and expand its U.S. manufacturing units. The agreement starts with a $200 million drawdown at closing, followed by additional draws. Rum Group Inc. gained 15% to $8.24 after a report identified Anthropic as the customer behind its $13.7 billion GPU services contract. Sailpoint Inc. climbed 15% to $19.82, while Tyra Biosciences Inc. rose 14.5% to $25.22 after announcing pricing for a $400 million underwritten offering of common stock and pre-funded warrants. Blue Moon Metals Inc. jumped 14.5% to $6.25 after announcing, with Elmet and EQ Resources, a binding letter agreement to invest $150 million to $175 million in the Springer Tungsten Complex in Imlay, Nevada. Cybersecurity stocks also rallied, including Rapid7 Inc., Crowdstrike Holdings Inc., Tenable Holdings Inc., Zscaler Inc., Allot Ltd., Rubrik Inc., SentinelOne Inc., Palo Alto Networks Inc., Okta Inc. and Fortinet Inc. Roblox Corp. gained 8.7% after B of A Securities and Wedbush raised their respective price targets, while Wells Fargo analyst Richard Poland maintained an Overweight rating on Okta and raised its price target from $180 to $200.