Check out the companies making headlines yesterday:

Cadence Design Systems (NASDAQ: CDNS): Electronic design automation company Cadence Design Systems (NASDAQ: CDNS) rose by 2.1% on Monday after investors continued to buy the dip despite renewed geopolitical jitters as the U.S.-Iran ceasefire came under doubt following the seizure of the Iranian vessel Touska. See our full article here.

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JFrog (NASDAQ: FROG): Software supply chain platform JFrog (NASDAQ: FROG) rose by 2.2% on Monday after investors continued to buy the dip despite renewed geopolitical jitters as the U.S.-Iran ceasefire came under doubt following the seizure of the Iranian vessel Touska. See our full article here.

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Lucid (NASDAQ: LCID): Luxury electric car manufacturer Lucid (NASDAQ: LCID) fell by 5.6% on Monday after the stock hit a new all-time low as traders assessed recent financing and a leadership transition. See our full article here.

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Ulta (NASDAQ: ULTA): Beauty, cosmetics, and personal care retailer Ulta Beauty (NASDAQ: ULTA) rose by 3.3% on Monday after Jefferies upgraded the stock to Buy from Hold, citing renewed strength and consumer engagement in the cosmetics sector. See our full article here.

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Biogen (NASDAQ: BIIB): Biotech company Biogen (NASDAQ: BIIB) rose by 3.6% on Monday after the company received an analyst upgrade from Wells Fargo and announced it acquired exclusive worldwide rights for the drug candidate felzartamab. See our full article here.

Is now the time to buy Biogen? Access our full analysis report here, it's free.