Taylor Morrison Home Surges On Berkshire Hathaway Acquisition, Joins Elmet Group And Other Big Stocks Moving Higher In Monday's Session

Alpha Metallurgical
Arm Holdings
The Elmet Group
IBM Corp
Jade Biosciences

Alpha Metallurgical

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Arm Holdings

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The Elmet Group

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IBM Corp

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Jade Biosciences

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U.S. stock futures were higher this morning, with the Nasdaq futures surging more than 0.35% on Monday following a strong start to the month and massive acquisition headlines across the consumer and infrastructure sectors.

Shares of Taylor Morrison Home Corp (NYSE:TMHC) skyrocketed in pre-market trading following a definitive buyout announcement from Warren Buffett’s conglomerate.

Berkshire Hathaway agreed to purchase the homebuilder for approximately $8.5 billion in an all-cash transaction. This represents a 24% premium over Taylor Morrison's previous closing price of $58.50. The transaction, which is subject to standard regulatory clearances and shareholder approvals, is expected to close in the latter half of 2026.

Taylor Morrison shares jumped 22.85% to $71.87 in pre-market trading.

Here are some other stocks moving higher in pre-market trading:

  • The Elmet Group Co (NASDAQ:ELMT) shares surged 30.28% to $19.91 in pre-market trading on high speculative volume following trailing structural reorganizations and defense supply contract expansions.
  • Hyperliquid Strategies Inc (NASDAQ:PURR) climbed 20.82% to $12.07 in pre-market trading, catching strong momentum from weekend decentralized trading protocol volume spikes and ecosystem expansion updates.
  • Virgin Galactic Holdings Inc (NYSE:SPCE) rose 18.71% to $7.34 in pre-market trading.
  • ARM Holdings PLC (NASDAQ:ARM) pushed 12.85% higher to $398.70 in pre-market trading after gaining 4.19% on Friday.
  • IBM Common Stock (NYSE:IBM) rose 12.62% to $335.40 in pre-market trading, building on sustained buying pressure as the company continues to gain institutional inflows following its headline plans to deploy $10 billion toward commercial quantum systems by 2029.
  • Jade Biosciences Inc (NASDAQ:JBIO) advanced 11.83% to $23.53 in pre-market trading.
  • Alpha Metallurgical Resources Inc (NYSE:AMR) gained 11.77% to $222.39 in pre-market trading after declining by 6.90% on Friday.
  • ServiceNow Inc (NYSE:NOW) surged 11.24% to $138.35 in pre-market trading, finding momentum after updating its enterprise generative AI automation software workflows for global cloud clients.
  • KRAKacquisition Corp (NASDAQ:KRAQ) ticked up 10.58% to $10.97 in pre-market trading.