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CrowdStrike, KKR rise; Huntington Bancshares, Tesla fall, Monday, 6/10/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday:
Tesla Inc., down $3.69 to $173.79.
Norway’s sovereign wealth fund will vote against the proposed compensation package for CEO Elon Musk.
Southwest Airlines Inc., up $1.95 to $29.70.
Elliott Investment Management bought a $1.9 billion stake in the airline and is seeking to force out the CEO.
KKR & Co., up $10.96 to $108.95.
The investment firm will be added to the S&P 500 index on June 24.
Diamond Offshore Drilling Inc., up $1.52 to $15.45.
Noble Corp. offered $1.6 billion for the offshore drilling company.
CrowdStrike Holdings Inc., up $25.45 to $374.57.
The cloud-based cybersecurity company will join the S&P 500 index as of June 24.
SolarEdge Technologies Inc., up 60 cents to $46.89.
The photovoltaic products maker said Ronen Faier will step down as chief financial officer.
Huntington Bancshares Inc., down 82 cents to $12.58.
The Ohio-based bank expects net interest income to decline by as much as 4% in 2024.
Occidental Petroleum Corp., up $1.22 to $60.48.
Energy stocks rose along with crude oil prices.
