5 Top Stock Gainers Monday: Fly Leasing, Houghton Mifflin, Boeing

Fly Leasing, Houghton Mifflin Harcourt, Humanigen, Bluebird Bio and Boeing are five top stock gainers for Monday.
Author:
Publish date:

Stocks finished mixed Monday, with the Dow Jones Industrial Average closing at a record, as Wall Street grappled with the uncertainty of the forced liquidation of positions held by U.S.-based hedge fund Archegos Capital.

Here are some of the big movers in the stock market on Monday:

1. Fly Leasing | Increase 27%

Shares of Fly Leasing  (FLY) - Get Report jumped after the commercial aircraft leasing company agreed to be purchased by an affiliate of the Washington private-equity firm Carlyle Group  (CG) - Get Report

The deal is expected to close in the third quarter.

2. Houghton Mifflin Harcourt | Increase 18%

Houghton Mifflin Harcourt  (HMHC) - Get Report rose after News Corp.  (NWSA) - Get Report agreed to acquire the company's books and media segment for $349 million. 

Houghton Mifflin Harcourt said it will now focus on its education segment. The deal is expected to close in the second quarter.

3. Humanigen | Increase 54%

Humanigen  (HGEN)  soared after the biopharma said its lead drug candidate met the main goal of improved survival without the need for mechanical ventilation in patients hospitalized with COVID-19 in a late-stage trial. 

The trial had enrolled 520 participants across 29 sites in the U.S. and Brazil.

4. Bluebird Bio | Increase 3.2%

Shares of Bluebird Bio  (BLUE) - Get Report were higher after the company and Bristol-Myers Squibb  (BMY) - Get Report said the Food and Drug Administration had cleared Abecma as a potential treatment for relapsed or refractory multiple myeloma, a type of blood cancer. 

The approval was based on positive results from a Phase 2 trial.

5. Boeing | Increase 2.3%

Boeing  (BA) - Get Report shares gained after Southwest Airlines  (LUV) - Get Report said it added 100 firm orders for Boeing’s 737 MAX 7. That was a sign of confidence for the jet, which was grounded for more than a year following two fatal crashes.

Boeing is a holding in Jim Cramer's Action Alerts PLUS investing club. Want to be alerted before Jim Cramer buys or sells the stock? Learn more now.