Boeing shares surge on hopes of end to China sales freeze, Collective Audience stock rebounds and other shares on the move

Shares in StoneCo Ltd.
STNE,
+13.33%
jumped 7% after the Brazilian financial services company on Friday more than doubled its third-quarter profits, beating expectations.

Boeing Co.
BA,
+4.40%
stock increased 4% amid a flurry of news. Bloomberg reported Monday that the Chinese government is close to lifting a freeze on commercial sales of the U.S. company’s 737 Max aircraft. Elsewhere, long-haul carrier Emirates announced at the Dubai Airshow that it would buy $52 billion of the Boeing’s planes, and SunExpress, a joint venture between Turkish Airlines and Lufthansa
LHA,
+1.83%
said it would purchase 90 737 MAX jets.

Stock decliners:

Shares in Plug Power Inc.
PLUG,
-2.12%
fell 4% after the company’s share price collapsed last week following warnings from the fuel-cell company about “unprecedented supply challenges.”

Virgin Galactic Holdings Inc.
SPCE,
+7.18%
shares dipped 2%. The space tourism company’s share price surged last week following news it will layoff 185 staff after it posted better-than-expected earnings.