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Benzinga
Benzinga
Business
Avi Kapoor

Air Lease, Ionis Pharmaceuticals, Arrowhead Pharmaceuticals And Other Big Stocks Moving Higher On Tuesday

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U.S. stocks were lower, with the Dow Jones index falling over 250 points on Tuesday.

Shares of Air Lease Corporation (NYSE:AL) rose sharply during Tuesday's session after the aircraft lessor said it will be acquired by a newly formed Dublin-based holding company backed by Sumitomo Corp. (OTC:SSUMY), SMBC Aviation Capital Ltd., and investment funds tied to Apollo Global Management (NYSE:APO) and Brookfield (NYSE:BN).

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