Bank of America – Altice, Korn Ferry rise; Newmont, Twist Bioscience fall
NEW YORK (AP) — Stocks that moved closely or traded considerably Monday:
Altice USA, up $2.76 to $35.03
The cable tv supplier is shopping for again $2.5 billion of its stock.
Korn Ferry, up 45 cents to $38.70
The consulting agency handily beat Wall Street’s fiscal second-quarter revenue and income forecasts.
Schrodinger, $7.05 to $67.65
The life sciences software program firm is collaborating with Bristol-Myers in a deal doubtlessly worth as much as $2.7 billion.
Regeneron Prescription drugs, up $4.87 to $523.61
U.S. well being officers agreed to permit emergency use of the pharmaceutical firm’s COVID-19 antibody drug.
Twist Bioscience, up $1.62 to $117.18
The maker of artificial DNA for the biotechnology trade gave buyers a disappointing income forecast.
Newmont, down $2.97 to $58.68
The gold mining firm was weighed down by slumping gold costs.
Bank of America, up 58 cents to $27.39
Bond yields, which permit banks to cost extra profitable curiosity on loans, rose amid financial optimism.
Carnival, up 81 cents to $18.18
Cruise line operators gained floor as encouraging vaccine developments raised hopes for a future restoration in bookings.
Bank of America – Altice, Korn Ferry rise; Newmont, Twist Bioscience fall
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