General Motors, Newell and Twitter jump; Campbell Soup dips
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:
General Motors Co., up $1.72 to $37.65
The automaker said it will lay off up to 14,000 factory and white-collar workers and could close five plants.
Newell Brands Inc., up $1.78 to $23.52
The consumer products company named former Revlon and Procter & Gamble executive Chris Peterson as its new chief financial officer.
Campbell Soup Co., down $1.51 to $39.02
The company is adding two board members, settling a dispute with an activist investor.
JPMorgan Chase & Co., up $2.61 to $109.26
Banks and other financial stocks rose with interest rates Monday.
Marathon Petroleum Corp., up $2.45 to $64.18
Shares in energy companies rose as oil prices surged following huge losses last week.
Macy’s Inc., up 55 cents to $32.56
Stocks of retailers and travel companies climbed on the first full trading day of the holiday shopping season.
Plantronics Inc., down $4.46 to $46.48
The headset maker and computer accessory maker Logitech said they are no longer in talks about a possible deal.
Twitter Inc., up $1.70 to $32.82
Technology, internet and retail stocks made big gains Monday after plunging in recent weeks.