BridgeBio, Corcept rise; Aclaris Therapeutics, IAA fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Altria Group Inc., up 66 cents to $47.19.
The maker of Marlboro cigarettes announced a $2.75 billion investment in electronic cigarette startup NJOY.
Ciena Corp., up $1.80 $50.89.
The developer of high-speed networking technology beat Wall Street’s first-quarter profit forecasts.
BridgeBio Pharma Inc., up $5.65 to $16.52.
The rare disease drug developer gave investors an encouraging development update.
Corcept Therapeutics Inc., up $2 to $21.20.
The drug developer announced a plan to repurchase stock.
Aclaris Therapeutics Inc., down $5.71 to $7.07.
The biopharmaceutical company gave investors a discouraging update on a potential skin condition treatment.
Qualtrics International Inc., up 13 cents to $17.26.
The management company received a buyout offer from Silver Lake Management.
IAA, Inc., down $2.87 to $38.32.
The auto retailer’s advisors are reportedly recommending against a buyout offer from Ritchie Bros. Auctioneers.
Valero Energy Corp., down $1.48 to $139.69.
Most energy companies slipped as the price of crude oil remained volatile.