
These 10 Stocks Are Helping Drive the Market Rally Monday
The market rally was well underway Monday, Feb. 12, building off the momentum from a strong session on Friday, Feb. 9.
The Dow Jones Industrial Average was up more than 400 points, or 1.7%, Monday afternoon, the S&P 500 rose 1.46% and the Nasdaq gained 1.51%.
Here are the 10 stocks driving Monday's gains:
CSRA Inc. (CSRA) - the information technology service provider to the U.S. government was up 31% after it reached a deal to be acquired by defense contractor General Dynamics Corp. (GD) - Get Free Report .
Longfin Corp. (LFIN) - the fin-tech company was up more than 11% Monday as bitcoin prices rebounded.
Mercadolibre Inc. (MELI) - Get Free Report - shares were up 8% for the e-commerce company in spite of news Friday that rival Amazon (AMZN) - Get Free Report would be expanding operations in the company's home country of Brazil.
Golar LNG Ltd. (GLNG) - Get Free Report - the midstream liquefied natural gas company was up 7.5% as crude prices rose Monday.
B2Gold Corp. (BTG) - Get Free Report - the Canadian gold producer was up 6.4% as gold prices were rising on Monday.
Sibanye Gold (SBGL) - Get Free Report - was gaining 6.7% along with spot gold prices moving higher.
Insperity Inc. (NSP) - Get Free Report - the human resources service provider was up 6.9% after the company announced record fourth quarter and fiscal 2017 results.
SM Energy Co. (SM) - Get Free Report - shares were up 6.8% for the independent energy company.
Encana Corp. (ECA) - Get Free Report - the energy producer was up 7% on rising energy prices.
Restaurant Brands International Inc. (QSR) - Get Free Report - the parent of Burger King, Tim Hortons and Popeyes rose 6.9% after the company reported a strong fourth-quarter profit.