Updated from 1:36 p.m. EDT with new stock prices
Small-cap stocks rose along with the broader market Monday. The Russell 2000 gained 0.7% to 687.98, and the S&P SmallCap 600 added 0.75% to 364.66.
Shares of Pittsburgh-based design automation software company Ansoft (ANST Quote) jumped 30.3% to $30.52 on news that Ansys (ANSS Quote) would buy Ansoft for $832 million, or $32.50 a share, in cash and stock.
Meanwhile, Hawaiian Holdings (HA Quote), which operates through subsidiary Hawaiian Airlines as an air transportation company, saw shares rise 14.9% to $6.00. Sector rival Aloha Airlines will be closing, and Hawaiian announced that it will accommodate travelers impacted by the shutdown. The company also said it would expand operations to fill the gap left by Aloha. ...
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