3M, Boston Scientific rise; Abcam, NovoCure fall, Monday, 8/28/2023
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday:
RPT Realty (RPT), up $1.66 to $11.23.
Kimco Realty is buying the shopping center real estate investment trust for about $2 billion in an all-stock deal.
Abcam Plc. (ABCM), down $1.01 to $22.35.
Industrial and medical device maker Danaher is buying the life sciences company.
Hersha Hospitality Trust (HT), up $3.51 to $9.79.
KSL Capital Partners is buying the hotel real estate investment trust for about $1.4 billion.
Nordic American Tankers Ltd. (NAT), down 13 cents to $3.97.
The tanker company matched Wall Street's second-quarter earnings forecasts.
Jabil Inc. (JBL), up $9.15 to $112.37.
The electronics manufacturer is selling its mobility business to BYD Electronics.
Boston Scientific Corp. (BSX), up $3.03 to $53.79.
The medical device maker gave investors an encouraging update on a study for a heart device.
3M Co. (MMM), up $5.17 to $104.12.
The maker of Post-it notes, industrial coatings and ceramics is reportedly settling a lawsuit over faulty earplugs.
NovoCure Ltd. (NVCR), down $11.16 to $18.61.
The cancer treatment developer gave investors a disappointing update on an ovarian cancer study.
