5 Stocks Paying Off Big Time

In this article, we deep dive into the 5 top-performing stocks on Monday. For a deeper discussion and an extended list, please see 10 Stocks Paying Off Big Time.

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5. Biohaven Ltd. (NYSE:BHVN)

Biohaven saw its share prices climb by 14.22 percent on Monday to finish at $15.50 apiece, as investors resumed buying positions ahead of the initiation of two clinical studies by the end of the month.

Based on its key milestone calendar, Biohaven Ltd. (NYSE:BHVN) is set to initiate clinical studies for its BHV-1510 for advanced or metastatic epithelial tumors, as well as the BHV-1530 for urothelial cancer and other tumors, by the end of the month.

It is also planning to begin pivotal studies for BHV-1400 for the treatment of IgAN, or Berger disease, as well as BHV-1300 for Graves’ disease, in the middle of the year.

Biohaven Ltd. (NYSE:BHVN) is a biopharmaceutical company focused on the discovery, development, and commercialization of life-changing treatments in key therapeutic areas, including immunology, neuroscience, and oncology.

In the first quarter of the year, it was able to slash its net losses by 41 percent to $130.5 million from $221.7 million in the same period last year. It has yet to generate revenues as of the period.