Skip to main content

5 Top Stock Gainers for Monday: Sonos, Eli Lilly, Travere, Danaos

Sonos, Eli Lilly, Travere Therapeutics, Danaos and Digital Media Solutions are five top stock gainers for Monday.
  • Author:
  • Publish date:

Stocks finished mostly higher Monday, with the Dow Jones Industrial Average and the S&P 500 closing at records for the fifth day in a row.

Here are some of the market's biggest gainers for Monday:

1. Sonos | Increase 4.7%

Shares of Sonos  (SONO) - Get Sonos, Inc. Report jumped after the manufacturer of high-end audio products won a round in a patent fight against Alphabet's  (GOOGL) - Get Alphabet Inc. Class A Report Google. 

If the ruling stands, Sonos could be set up for lucrative licensing deals, according to analysts.

TheStreet Recommends

2. Eli Lilly | Increase 2.2%

Eli Lilly  (LLY) - Get Eli Lilly and Company Report shares jumped after the drugmaker said its lebrikizumab significantly improved skin clearance and itch in people with moderate-to-severe atopic dermatitis in two Phase 3 trials.

3. Travere Therapeutics | Increase 15%

Shares of Travere Therapeutics  (TVTX) - Get Travere Therapeutics, Inc. Report climbed after the biopharma reported positive top-line interim results from the ongoing pivotal Phase 3 Protect study of sparsentan, a candidate drug to treat IgA nephropathy, a leading cause of end-stage kidney disease.

4. Danaos | Increase 4%

Danaos  (DAC) - Get Danaos Corporation Report shares climbed after the container-ship company said it entered into new charter agreements for 10 of its vessels, including one 8,500 20-foot-equivalent vessel, three 3,400 vessels and six 2,200 vessels.

5. Digital Media Solutions | Increase 17%

Shares of Digital Media Solutions  (DMS) - Get Digital Media Solutions, Inc. Class A Report surged after the digital performance marketing company said the board was evaluating strategic alternatives to maximize value for holders.