Vaxcyte, Myovant rise; Dorman, Shift4 Payments fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Vaxcyte Inc., up $12.42 to $33.
The vaccine maker gave investors an encouraging update on the development of a pneumococcal conjugate vaccine.
Scholastic Corp., up $3.50 to $37.13.
The educational publisher announced a plan to buy back $75 million of its stock.
Myovant Sciences Ltd., up $2.25 to $26.79.
Sumitomo Pharma is buying the biopharmaceutical company in a $1.7 billion deal.
Tesla Inc., down $3.19 to $211.25.
The electric vehicle maker is reportedly lowering prices for some of its models in China.
Schlumberger NV, up $1.74 to $52.15.
The oilfield services company changed its name to SLB.
Shift4 Payments Inc., down $1.21 to $44.16.
The payments processing technology company is restating some of its financial results.
Dorman Products Inc., down $5.95 to $81.03.
The car parts distributor warned investors that inflation is impacting its business.
Freeport-McMoRan Inc., down 98 cents to $31.05.
The copper miner slipped along with prices for the base metal.