Stocks that moved substantially or traded heavily on Monday: WPX, Children’s Place rise; Boeing, PG&E fall
NEW YORK —
Stocks that moved substantially or traded heavily on Monday:
International Flavors and Fragrances Inc., down $13.98 to $120
The company is merging with a unit of DuPont in a deal valued at $26.2 billion.
Boeing Co., down $14.67 to $327
The airplane maker fell following a report that it may reduce or suspend production of its troubled 737 Max jet.
PG&E Corp., down $1.57 to $9.67
California rejected the company’s restructuring plan, forcing the nation’s largest utility back to the negotiating table.
U.S. Steel Corp., down 53 cents to $13.18
The Wall Street Journal published a story describing a “pattern of failures” at the once-mighty industrial giant.
WPX Energy Inc., up 99 cents to $11.90
The company is buying Felix Energy in a deal the companies valued at $2.5 billion in cash and stock.
Wave Life Sciences Ltd., down $20.81 to $16.79
The company will discontinue development of suvordisen, a treatment for Duchenne muscular dystrophy.
Children’s Place Inc., up $4.08 to $58.19
The company disclosed in a filing that CEO Jane Elfers bought 18,100 shares of the company’s stock.
Prologis Inc., down 18 cents to $88.36
Real estate companies and other safe-play assets lagged the rest of the market as investors regained an appetite for risk.
Get more stuff like this
Subscribe to our mailing list and get interesting stuff and updates to your email inbox.