Hot Stocks: Crypto slide; GOGO rises on analyst comment; BW contract award; PSA distribution

While Wall Street braces for the flood of earnings due out this week, a few other catalysts received attention in Monday's intraday action. Gogo (NASDAQ:GOGO) got a boost after Roth Capital Partners pointed out a significant opportunity from a new government program.Among the other notable gainers, Babcock & Wilcox (BW) rose on news of a contract, while Public Storage (PSA) climbed on word of a special dividend.Looking at some of the day's notable decliners, stocks related to cryptocurrencies came under selling pressure amid a downdraft in the crypto market. Coinbase (COIN), Riot Blockchain (RIOT), MicroStrategy (MSTR) and Marathon Digital (MARA) all lost ground.GainersGogo (GOGO) received a boost in midday trading following positive comments from Roth Capital Partners. The firm pointed to a "rip and replace" program from the FCC, which allocated $1.9B in funding to change out infrastructure installed by China's ZTE.Roth called the FCC program a "huge stealth win" for GOGO. Based on the commentary, the stock jumped nearly 8% in intraday action.Elsewhere, a contract win fueled gains in Babcock & Wilcox (BW). Shares climbed almost 4% after it received contracts for its renewables segment valued at more than $12M. Meanwhile, Public Storage (PSA) showed strength after announcing that it will distribute a projected tax gain to shareholders. The $2.3B gain came as a result of the sale of its PS Business Parks unit to affilia...