Meta Platforms, Triumph Bancorp rise; IAA, Palantir fall
Nov 7, 2022, 2:18 PM | Updated: 2:31 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Apple Inc., up 54 cents to $138.92
Apple warned customers about delays on iPhone models because of health precautions at a contractor in China.
Meta Platforms Inc., up $5.93 to $96.72.
Facebook’s parent company is reportedly considering large-scale job cuts.
Palantir Technologies Inc., down 91 cents to $7.02.
The software company’s third-quarter earnings fell short of Wall Street forecasts.
Triumph Bancorp Inc., up $5.83 to $55.18.
The company is buying back up to $100 million of its stock.
Oyster Point Pharma Inc., up $3.22 to $11.57.
Viatris is buying the developer of ophthalmological treatments.
Affiliated Managers Group Inc., up $14.09 to $138.
The asset management company reported strong fiscal fourth-quarter financial results.
Freeport-McMoRan Inc., down 74 cents to $34.45.
The copper miner fell along with prices for the metal.
IAA Inc., down 83 cents to $38.42.
Ritchie Bros. Auctioneers is buying the vehicle auction company.
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