Bank of America, BP rise; Fox, NGM Biopharmaceuticals fall
Oct 17, 2022, 1:21 PM | Updated: 1:41 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Bank of America Corp., up $1.92 to $33.62.
The bank beat Wall Street’s third-quarter financial forecasts.
Goldman Sachs Group Inc., up $6.72 to $306.71.
The investment bank is reportedly planning to reorganize some of its operations.
Continental Resources Inc., up $5.92 to $74.14.
The oil producer is being taken private as part of a deal with founder Harold G. Hamm.
Credit Suisse Group AG, up 16 cents to $4.55.
The investment bank Credit Suisse will pay $495 million as part of a settlement with the U.S. over mortgage-backed securities.
Fox Corp., down $2.97 to $28.58.
Rupert Murdoch is considering recombining the company that owns Fox News with other media assets, including The Wall Street Journal.
BP Plc., up 15 cents to $30.48.
The oil and gas company is buying Archaea Energy for about $4.1 billion, including debt.
NGM Biopharmaceuticals Inc., down $8.14 to $3.41.
The biopharmaceutical company gave investors a disappointing update on a potential treatment for eye disease.
Green Dot Corp., down 23 cents to $19.29.
The digital banking and financial technology company fired its CEO.
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