Lordstown Motors, Centene fall; State Street, Equinix rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Lordstown Motors Corp., down $2.15 to $9.26.
The commercial electric vehicle maker’s CEO and chief financial officer resigned.
Washington Prime Group Inc., down $1.46 to $3.38.
The mall owner filed for Chapter 11 bankruptcy after the virus pandemic slammed retailers.
Royal Philips N.V., down $2.25 to $54.25.
The health care technology company recalled some of its breathing devices because of a defect with a foam component.
Centene Corp., down $2.03 to $68.78.
The health care company will pay $143 million to Ohio and Mississippi as part of a legal settlement over its pharmacy benefits unit.
Equinix Inc., up $7.95 to $823.99.
The digital infrastructure company formed new joint ventures with GIC, Singapore’s sovereign wealth fund.
State Street Corp., up $1.05 to $84.79.
The investment bank gave investors an encouraging update on investment services and fees.
Charles Schwab Corp., down $1.91 to $72.01.
Investors were disappointed with the financial services company’s activity report for May.
Occidental Petroleum Corp., down 5 cents to $28.28.
Oil prices slipped and weighed down energy company stocks.