Harley-Davidson, Arena climb; Capital One, Fall Carnival
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NEW YORK (AP) – Stocks that traded heavily or experienced substantial price changes on Monday:
Arena Pharmaceuticals Inc., up $ 40.14 to $ 90.08.
Pfizer buys the drug developer for $ 6.7 billion.
Harley-Davidson Inc., up $ 1.73 to $ 38.54.
The motorcycle maker will go public with its electric motorcycle division through a blank check company.
Bristol-Myers Squibb Co., up $ 2.69 to $ 59.05.
The drug developer increased its quarterly dividend and added $ 15 billion to its buyout program.
IGM Biosciences Inc., down from $ 20.59 to $ 29.25.
Investors were disappointed with the biotech company’s update on a potential cancer treatment.
Capital One Financial Corp., down $ 4.37 to $ 146.04.
Bond yields have fallen and weighed on banks, which rely on higher bond yields to charge more lucrative interest on loans.
Carnival Corp., down 94 cents to $ 18.34.
Cruise lines and travel-related stocks fell amid concerns over the potential impact of the latest variant of the coronavirus on the industry.
Eli Lilly and Co., up $ 4.39 to $ 248.53.
The drug developer is collaborating with Foghorn Therapeutics for potential cancer treatments.
Baxter International Inc., up $ 2.34 to $ 83.20.
The medical technology company has completed its acquisition of Hillrom.
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