Analog Devices, AMC fall; Pfizer, Quest Diagnostics rise
Stocks that moved heavily or traded substantially on Monday: Analog Devices, AMC fall; Pfizer, Quest Diagnostics rise
By
The Associated Press
July 13, 2020, 9:55 PM
2 min read
NEW YORK — Stocks that moved heavily or traded substantially on Monday:
Analog Devices Inc., down $7.25 to $117.25.
The Norwood, Massachusetts chipmaker is buying rival Maxim Integrated Products in an all-stock deal worth $20 billion.
PepsiCo Inc., up 45 cents to $134.91.
The soda and snack maker beat Wall Street’s fiscal second-quarter profit and revenue forecasts.
Tesla Inc., down $47.59 to $1,497.06.
The electric vehicle maker cut the starting price of its Model Y SUV, according to media reports.
AMC Entertainment Holdings Inc., down 34 cents to $4.26.
The movie theater chain announced a restructuring deal that will provide $300 million in financing.
Sirius XM Holdings Inc., down 11 cents to $5.59.
The satellite radio company is buying E.W. Scripps’ podcast unit Stitcher.
Benefytt Technologies Inc., up $8.43 to $30.80.
The health insurance technology company is being bought by Madison Dearborn Partners.
Quest Diagnostics Inc., up $2.32 to $119.14.
The nationwide chain of clinical labs gave investors an encouraging second-quarter profit and revenue forecast.
Pfizer Inc., up $1.38 to $35.21.
Two of the drug company’s potential coronavirus vaccines were given a “fast-track” designation by the U.S. government.