Stocks finished higher Tuesday, with the S&P 500 and Nasdaq hitting both record closing and intraday highs.
Here are some of the market's biggest gainers for Tuesday:
1. AdaptHealth | Percentage Increase 19%
AdaptHealth (AHCO) - Get Report climbed after the home healthcare equipment company said it had agreed to acquire AeroCare Holdings in a transaction valued at about $2 billion. AdaptHealth will pay $1.1 billion in cash and 31 million common shares for AeroCare.
2. Arlo Technologies | Percentage Increase 31%
Arlo Technologies (ARLO) - Get Report advanced after a page on the Apple (AAPL) - Get Report store indicated Arlo's Ultra 4K Wire-Free Security Camera System was "Only at Apple" and the Apple store page was being circulated among traders, contacts told The Fly. Raymond James noted that Apple isn't a new sales channel for Arlo.
3. BlackBerry | Percentage Increase 19%
BlackBerry (BB) - Get Report shares surged after the security and software services company signed a multiyear global agreement with Amazon's (AMZN) - Get Report cloud business to develop a software platform dedicated to automakers. Terms were not disclosed.
4. Corporación América Airports SA | Percentage Increase 43%
Corporación América Airports (CAAP) - Get Report rose after the Luxembourg-based airport concession operator announced a 10-year extension, from 2028 to 2038, of the Aeropuertos Argentina 2000 concession. Argentina represents a substantial portion of CAAP's overall portfolio, the Motley Fool reported, accounting for 35 of its 52 airports and 49.7% of total 2019 passengers.
5. Whole Earth Brands | Percentage Increase 9%
Whole Earth Brands FREE was advancing after Cantor Fitzgerald analyst Pablo Zuanic initiated coverage of the natural-food company with an overweight rating and $23 price target. Zuanic said the company should benefit from consumer trends toward natural alternatives, simpler labeling, and "free-from" solutions.