Stocks that moved substantially or traded heavily on Monday: Maxar, Lending Tree rise; Lam Research falls
NEW YORK —
Stocks that moved substantially or traded heavily on Monday:
Maxar Technologies Inc., up $2.20 to $16.49
The company is selling its space robotics business MDA to an investor group led by Northern Private Capital for about $765 million.
iHeartMedia Inc., up 5 cents to $16.06
The New York Post reported that the Department of Justice may block the purchase of the radio station operator by Liberty Media.
Lending Tree Inc., up $8.85 to $303.24
Analysts at Compass Point upgraded shares of the operator of an online loan marketplace to “buy.”
Goodyear Tire & Rubber Co., up 13 cents to $15.23
The tire maker’s shares received a “buy” rating from analysts at Nomura/Instinet.
NIO Ltd., up $1.30 to $3.72
The China-based electric car maker reported a jump in deliveries and a smaller than expected loss for the third quarter.
Axsome Therapeutics Inc., up $1.85 to $103.83
The pharmaceutical company reported encouraging results from a trial of its migraine treatment drug.
Lam Research Corp., down $1.16 to $292.54
Shares of most chipmakers fell, although the industry remains among the year’s top performers.
Halliburton Co., up 16 cents to $24.56
Energy companies held up better than the rest of the market.