OGI - Hot Stocks: M&A news boosts HBMD SFE RCAT; BA problems weigh on SPR TGI HXL; OGI rises on earnings cannabis legalization hopes

Kirill Smyslov/iStock via Getty Images Tuesday's trading was largely dominated by inflation talk, Big Tech and bank earnings. Still, some other themes managed to move individual stocks as well. Take M&A. Deal-making sparked gains in Howard Bancorp (HBMD), Safeguard Scientifics (SFE) and Red Cat (RCAT). Or marijuana. Cannabis-related stocks got a boost during Tuesday's midday action on hopes that a federal legalization bill was on the way. Most of the stocks gave up those early gains as the day dragged on, but OrganiGram (OGI) retained a substantial advance, thanks to better-than-expected financial figures. Meanwhile, shares of Boeing (BA) fell on news that manufacturing issues would force it to lower its production targets for the 787 Dreamliner. The news also hurt Boeing suppliers like Spirit AeroSystems Holdings (SPR), Triumph Group (TGI) and Hexcel (HXL). Howard Bancorp announced a deal to be acquired by F.N.B. Corp. (FNB) for $21.96 per share. The

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Hot Stocks: M&A news boosts HBMD, SFE, RCAT; BA problems weigh on SPR, TGI, HXL; OGI rises on earnings, cannabis legalization hopes