Thor, Dova post gains while Cal-Maine, Occidental stumble
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday.
Thor Industries Inc., up $7.72 to $56.64
The recreational vehicle maker's fiscal fourth quarter profit beat Wall Street forecasts.
Dova Pharmaceuticals Inc., up $7.76 to $27.95
The drug developer is being bought by Sweden's Biovitrum AB in a deal that could be worth more than $900 million.
Alibaba Group Holding Ltd., up $1.25 to $167.23
The Treasury Department said there are no plans, currently, to block Chinese companies from listing shares on U.S. stock exchanges.
Apple Inc., up $5.15 to $223.97
J.P. Morgan expects stronger iPhone sales volume through the fourth quarter and into 2020.
Abbott Laboratories, up $1.83 to $83.67
The medical device and pharmaceutical company cited new data on the effectiveness of its MitraClip heart valve device.
Cal-Maine Foods Inc., down $5.46 to $39.96
The egg producer's first quarter results fell short of Wall Street forecasts as an oversupply of eggs weighed down prices.
Merck & Co., up $1.27 to $84.18
The pharmaceutical company reported positive results from a prostate cancer study involving the drug Lynparza.
Occidental Petroleum Corp., down 67 cents to $44.47
The oil company said it completed the sale of some holdings from recently acquired Anadarko.