Apple, Facebook are big market movers

Facebook, Apple, Darden, Ariad and Skullcandy are big market movers

Associated Press

NEW YORK Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

KB Home, up $1.28 at $18.19

Citigroup removes its "Sell" rating on the homebuilder, citing a recovery in earnings.

Darden Restaurants Inc., up $3.26 to $54.35

Activist investor Starboard Value disclosed a sizeable stake in the restaurant operator and is expected to push for a breakup.

Nasdaq

Apple Inc., up $21.07 to $570.09

The tech giant announced a long-anticipated agreement with China Mobile to bring the iPhone to the world's biggest phone company.

Facebook Inc., up $2.65 at $57.77

The social networking company's shares hit a new all-time high, helped by a bullish note from a Cantor Fitzgerald analyst.

Ariad Pharmaceuticals Inc., up 57 cents to $7

The drugmaker jumps for the second consecutive day after getting regulatory approval to put its leukemia drug back on the market.

YRC Worldwide Inc., up $3.28 to $18.25

The trucking company reached a deal to cut its debt by about $300 million.

Skullcandy Inc., up 71 cents to $6.75

Roth Capital Partners upgrades the audio company, believing that initiatives by new management are starting to pay off.

United Therapeutics Corp., up $26.67 to $114.51

Regulators approved the drugmaker's treatment for high blood pressure, Orenitram, which was a surprise to some market analysts.

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