Tupperware, Qualcomm fall; Walgreens, SunPower rise
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday:
SunPower Corp., up 10 cents to $8.47
The solar products and services company said it will split into two publicly traded companies.
Carbonite Inc., up $4.55 to $22.95
OpenText is buying the cloud-computing company for about $1.42 billion.
Walgreens Boots Alliance, up $3.01 to $62.25
The drugstore operator is a potential buyout target for private equity firm KKR, according to Bloomberg.
Nektar Therapeutics, up 94 cents to $20.98
The drug developer gave investors encouraging updates on its roster of potential treatments for cancer and autoimmune diseases.
Tupperware Brands Corp., down 11 cents to $9.23
The direct seller of plastic storage containers suspended its quarterly dividend.
Amicus Therapeutics Inc., up 34 cents to $9.28
The pharmaceutical company beat Wall Street’s third-quarter earnings forecasts on sales of its rare disease drug Galafold.
Qualcomm Inc., down $2.19 to $91.84
The technology company and its peers slid as investors grew more anxious over the latest push for a U.S.-China trade deal.
HP Inc., up 12 cents to $19.64
Xerox is offering the personal computer and printer company up to four weeks to review a proposed buyout deal, according to Bloomberg.