McDonald's, Boeing fall; Estée Lauder, ON Semiconductor rise, Monday, 2/5/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday:
McDonald's Corp., down $11.08 to $285.97.
The burger chain's fourth-quarter revenue fell short of Wall Street forecasts.
Caterpillar Inc., up $6.31 to $321.40.
The construction equipment maker reported strong fourth-quarter financial results.
Estée Lauder Companies Inc., up $16.16 to $150.28.
The beauty products company announced job cuts as part of a restructuring plan.
ON Semiconductor Corp., up $6.76 to $77.59.
The semiconductor components maker beat analysts' fourth-quarter earnings and revenue forecasts.
Boeing Co., down $2.75 to $206.63.
The airplane maker discovered another problem in some of its 737 fuselages that may delay deliveries of about 50 aircraft.
Catalent Inc., up $5.31 to $59.82.
Danish pharmaceutical company Novo Nordisk's holding company is buying the maker of drug delivery technologies.
Everbridge Inc., up $4.38 to $28.17.
Private equity firm Thoma Bravo is buying the software developer for $1.5 billion.
Elanco Animal Health Inc., up $1.17 to $15.90.
Pharmaceutical giant Merck is buying the animal health products company's aquatics business.
