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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.

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.

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2. Eli Lilly | Increase 2.2%

Eli Lilly  (LLY) - Get Eli Lilly and Company (LLY) 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. Report surged after the digital performance marketing company said the board was evaluating strategic alternatives to maximize value for holders.