Check out the companies making headlines this week:

Bally’s (NYSE:BALY): Gaming, betting and entertainment company Bally’s Corporation (NYSE:BALY) rose by 11.6% on Thursday after the stock continued to rally as reports revealed that the company is weighing a sale of development rights for its roughly $1.1 billion mixed-use project around the Athletics’ future Las Vegas ballpark. See our full article here.

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Adobe (NASDAQ:ADBE): Creative software giant Adobe (NASDAQ:ADBE) rose by 4.5% on Tuesday after asset-management giant BlackRock increased its stake to more than 10% of the company See our full article here.

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Novavax (NASDAQ:NVAX): Vaccine biotechnology company Novavax (NASDAQ:NVAX) rose by 6.9% on Wednesday after positive trial results from peers Moderna and Merck for their personalized cancer vaccine boosted sentiment across the vaccine sector. See our full article here.

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Semtech (NASDAQ:SMTC): Semiconductor company Semtech (NASDAQ:SMTC) rose by 9.3% on Monday after the stock continued to rally as the company announced the sale of its cellular module business for $62 million, a move aimed at sharpening its focus on high-growth areas like AI data-center networking. See our full article here.

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STAAR Surgical (NASDAQ:STAA): Medical lens company STAAR Surgical (NASDAQ:STAA) fell by 8.3% on Monday after sentiment faded following its underwhelming second quarter earnings reported the previous week. See our full article here.

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