Take a look at some of Monday midday movers:
Regeneron rallied sharply after the biotechnology firm said that Sanofi will boost its stake via stock purchases in the open market.
Fossil gained ahead of its quarterly earnings report expected Tuesday. Analysts expect the company to post earnings per share of $2.26 on revenue of $930 million. Benchmark Capital cut the fashion accessories company to "hold" from "buy" ahead of the report, citing lack of upside catalysts.