HRC - 2 Little-Followed Stocks That Are Soaring Monday
Investors continued to have confidence in the stock market on Monday morning, and that translated into more record highs for some of the most popular stock indexes in the U.S. market. As of before noon EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 24 points to 35,480. The S&P 500 (SNPINDEX: ^GSPC) picked up another 26 points to 4,535, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) rose 138 points to 15,267, both looking to extend their record runs.
None of those moves for the major market benchmarks was more than 1%, but some stocks saw big jumps. In particular, Hill-Rom Holdings (NYSE: HRC) and Globalstar (NYSEMKT: GSAT) were up double-digit percentages on strong news for their respective businesses. You'll find the details below.
Shares of Hill-Rom Holdings jumped almost 11% on Monday morning. The manufacturer of hospital beds and other medical equipment has reportedly become the target of a potential acquisition bid.
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2 Little-Followed Stocks That Are Soaring Monday