Catalent, Bristol-Myers fall; Napco, Exxon Mobil rise
Aug 29, 2022, 1:25 AM | Updated: 1:26 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Catalent Inc., down $7.42 to $92.28.
The maker of drug delivery technologies gave investors a disappointing revenue forecast.
Napco Security Technologies Inc., up $3 to $28.46.
The security products and software company reported strong fiscal fourth-quarter financial results.
Bristol-Myers Squibb Co., down $4.44 to $66.75.
The drug developer gave investors a discouraging update on the development of a potential stroke reduction treatment.
Netflix Inc., up $1.29 to $224.57.
The streaming entertainment giant is reportedly considering cutting prices sharply for its upcoming ad-supported content tier.
Exxon Mobil Corp., up $2.25 to $100.12.
Energy stocks gained ground along with rising U.S. crude oil prices.
Freeport-McMoRan Inc., down 69 cents to $31.50.
The copper miner slipped along with the metal’s price.
Honda Motor Co., up 46 cents to $26.80.
The automaker is investing in a joint venture with battery maker LG to make batteries for Honda electric vehicles in North America.
Nvidia Corp., down $4.59 to $158.01.
Chipmakers and other high-priced tech stocks had some of the biggest losses as major indexes slipped.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
