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Morphic Holding, Boeing rise; Paramount, Devon Energy fall, Monday, 7/8/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday.
Morphic Holding Inc., up $23.90 to $55.74.
Eli Lilly is buying the biopharmaceutical company for $3.2 billion.
Boeing Co., up $1.01 to $185.84.
The airplane maker will plead guilty to a criminal fraud charge stemming from two deadly crashes of 737 Max jetliners.
Paramount Global, down 63 cents to $11.18.
The entertainment giant behind blockbuster films such as “Top Gun” and “The Godfather” has agreed to merge with Skydance.
Exxon Mobil Corp., down $1.19 to $112.18.
The energy giant warned of the impact from lower natural gas prices on its earnings this quarter.
Corning Inc., up $4.61 to $43.05.
The specialty glass maker raised its sales forecast.
Devon Energy Corp., down 51 cents to $46.52.
The energy company is buying the Williston Basin business of Grayson Mill Energy for about $5 billion.
Dave & Buster’s Entertainment Inc., up 90 cents to $38.77.
Chief financial officer Darin Harper disclosed a stock purchase in the restaurant and arcade chain.
Lucid Group Inc., up 23 cents to $3.16.
The electric vehicle maker updated investors on production and delivery targets.
