Oxigene Inc. (Nasdaq:OXGN) shares advanced 6.5% to $1.82, on volume of 165,014, nosing out its all-day average of 134,773, after it announced the presentation of positive preclinical data supporting development of its novel, non-peptidic cathepsin L inhibitors as anticancer agents.

Ford Motor Company (NYSE: F) was a volume champion early Monday afternoon, trading in 59.4 million shares, although shy of its full-day average of 90 million. Prices for F were up 3% to $15.61, on word its CEO Alan Mulally was to receive the Edison Achievement Award, at a ceremony in New York on Tuesday.

Southwest Airlines Co. (NYSE: LUV) was among the more notable stocks losing ground in Monday trading, its shares shedding 2.5% to $12.35, on 8.3 million shares – just nosing out its daily average — after the carrier said Sunday that two planes were found to have cracks like those in a plane that developed a hole in flight on Friday.