Unity Software, Turquoise Hill fall; Gilead, Moderna rise
Aug 15, 2022, 1:22 PM | Updated: 1:27 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Exxon Mobil Corp.. down $1.68 to $92.32.
Energy stocks slipped along with falling crude oil prices.
Gilead Sciences Inc., up $3.25 to 66.21.
The drug developer gave investors an encouraging update on its breast cancer treatment.
Turquoise Hill Resources Ltd., down $2.95 to $23.30.
The copper and gold mining company rejected a buyout proposal from Rio Tinto.
Unity Software Inc., down $4.17 to $54.30.
The video gaming software company rejected a buyout offer from AppLovin and accepted a rival deal with ironSource.
Cardinal Health Inc., up 65 cents to $69.97.
Activist investor Elliott Management reportedly took a large stake in the healthcare products and services company.
Bank of America Corp., down 5 cents to $36.25.
Bond yields fell and weighed down bank stocks, which rely on higher yields to charge more lucrative interest on loans.
Moderna Inc., up $5.60 to 176.78.
British regulators authorized an updated version of the drug developer’s COVID-19 vaccine.
Freeport-McMoRan Inc., down $1.12 to $30.50.
The copper mining company slipped along with prices for the base metal.
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