FHTX - Hot Stocks: DLTR activist fight; FHTX collabs with LLY; TRQ teams with RIO; GPRO upgrade; BMY dividend buyback

Partnership deals represented a key theme during Monday's midday trading. Foghorn (NASDAQ:FHTX) jumped on a collaboration deal with Eli Lilly (NYSE:LLY) potentially worth $1.3B. Meanwhile, Turquoise Hill (NYSE:TRQ) posted a double-digit percentage gain on word that it had teamed with Rio Tinto (NYSE:RIO) for a project in Mongolia. In other news, Bristol Myers Squibb (NYSE:BMY) climbed on an increased dividend and a stock repurchase plan. At the same time, GoPro (NASDAQ:GPRO) pushed higher on an analyst upgrade. Turning to a stock under pressure in intraday trading, Dollar Tree (NASDAQ:DLTR) slipped amid a continuing dispute with an activist investor. Gainers Foghorn (FHTX) soared more than 40% after it announced a collaboration deal with Eli Lilly (LLY). Under the partnership, the companies will work together to create oncology drugs based on FHTX's Gene Traffic Control platform. The deal involves an upfront payment of $300M in cash, with up to $1.3B possible if

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Hot Stocks: DLTR activist fight; FHTX collabs with LLY; TRQ teams with RIO; GPRO upgrade; BMY dividend, buyback