Seagen, Union Pacific rise; Range Resources, Tegna fall
Feb 27, 2023, 2:16 PM | Updated: 2:26 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Seagen Inc., up $16.79 to $178.16.
Pfizer is reportedly considering buying the biotechnology company.
Range Resources Corp., down $ 2.45 to $25.81.
Pioneer Natural Resources said it is not considering acquisitions, amid reports that it might buy the energy company.
Tegna Inc., down $4.13 to $17.71.
The media company reported weak financial results and a report raised concerns about its proposed sale to Standard General.
Ready Capital Corp., down $1.34 to $11.16.
The real estate financing company is buying Broadmark Realty Capital.
Union Pacific Corp., up $19.45 to $212.17.
The railroad plans to replace CEO Lance Fritz amid concerns from a hedge fund that holds a $1.6 billion stake.
Manchester United Plc., down $2.11 to $20.78.
The soccer club’s owners are reportedly disappointed by current offers to buy the company.
Tesla Inc., up $10.75 to $207.63.
The electric vehicle maker is reportedly seeing big production increases from its plant in Brandenburg, Germany.
fuboTV Inc., down 32 cents to $2.
The sports streaming platform reported disappointing fourth-quarter earnings.
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