10 Firms Stand Strong Amid Market Decline

The US stock market finished the day on a sour note anew amid the lack of fresh catalysts to spice up trading while investors repositioned their portfolios ahead of 2025.

On Monday, the Dow shed 0.97 percent or 418 points, while the S&P’s broad index decreased 0.95 percent or 56.48 points. Nasdaq Composite registered the biggest decline, down 1.19 percent or 235.24 points.

Despite losses, 10 companies managed to eke out gains, with those in the energy sector posting notable performance. Let’s explore why.

To come up with Monday’s top gainers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

A woman reading and analyzing stock market data. Photo by Artem Podrez on Pexels

10. JetBlue Airways Corporation (JBLU)

Shares of JetBlue Airways (JBLU) on Monday rose by 2.69 percent to finish the day at $8.01 apiece, as investors welcomed news that it was planning to grow its Airbus A220 network in 2025.

According to JetBlue, it will increase its A220 fleet by 40 as it looks to replace the Embraer E190s. The move is expected to deliver a 25 percent improvement in fuel efficiency, 40 percent higher passenger capacity, and lower maintenance costs for the company.

Beginning April 30, 2025, routes from Fort Lauderdale in Florida will benefit from the fleet purchase, with additional flights to Bradley/Hartford, Charleston, South Carolina; Cancun, Mexico; Washington Reagan National; Nassau; Worcester, Massachusetts; and Raleigh, North Carolina.

9. Intuitive Machines Inc (LUNR)

Intuitive Machines (LUNR) on Monday saw its share price grow by 2.99 percent or 0.55 points to end at $18.94 each as traders continued to place bets on the company’s growth prospects.

In the past five and 30 days of trading, Intuitive Machines was able to book an increase of 32.31 percent and 30.08 percent, respectively.

Last week, the company announced securing multi-billion dollar contracts from the National Aeronautics and Space Administration (NASA) to expand the latter’s commercial direct-to-Earth capabilities. This mission-critical communication capability allows spacecraft to transmit data directly to ground stations on Earth.

Under the agreement, Intuitive Machines will receive two task order awards to support NASA’s Lunar Exploration Ground Segment, providing additional capacity to alleviate demand on the Deep Space Network and to meet the mission requirements for unique, highly elliptical orbits.