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United States Steel, NIO rise; Masonite, Mirum Pharmaceuticals fall, Monday, 12/18/2023
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday:
Adobe Inc., up $14.45 to $599.13.
The software maker is terminating its planned $20 billion buyout of Figma.
Unites States Steel Corp., up $10.26 to $49.59.
Nippon Steel is buying the steelmaker for about $14.1 billion.
Masonite International Corp., down $16.29 to $85.71.
The door maker is buying PGT Innovations in a cash-and-stock deal worth about $3 billion.
V.F. Corp., down $1.55 to $18.36.
The maker of brands such as Vans, North Face and Timberland disclosed a hacking breach.
Illumina Inc., up $2 to $129.10.
The biotechnology company will undo its $7.1 billion purchase of the cancer-screening company Grail after losing antitrust battles.
NIO Inc., up 37 cents to $8.35.
The electric vehicle maker announced a $2.2 billion investment from CYVN Holdings.
Mirum Pharmaceuticals Inc., down $5.54 to $29.39.
The biopharmaceutical company gave investors a disappointing development update for a potential congenital condition treatment.
Valero Energy Corp., up $3.35 to $131.92.
Energy stocks gained ground along with rising oil prices.