Analog Devices, AMC fall; Pfizer, Quest Diagnostics rise

Posted 7/13/20

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:

Analog Devices Inc., down $7.25 to $117.25.

The Norwood, Massachusetts chipmaker is buying rival Maxim Integrated …

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Analog Devices, AMC fall; Pfizer, Quest Diagnostics rise

Posted

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:

Analog Devices Inc., down $7.25 to $117.25.

The Norwood, Massachusetts chipmaker is buying rival Maxim Integrated Products in an all-stock deal worth $20 billion.

PepsiCo Inc., up 45 cents to $134.91.

The soda and snack maker beat Wall Street's fiscal second-quarter profit and revenue forecasts.

Tesla Inc., down $47.59 to $1,497.06.

The electric vehicle maker cut the starting price of its Model Y SUV, according to media reports.

AMC Entertainment Holdings Inc., down 34 cents to $4.26.

The movie theater chain announced a restructuring deal that will provide $300 million in financing.

Sirius XM Holdings Inc., down 11 cents to $5.59.

The satellite radio company is buying E.W. Scripps' podcast unit Stitcher.

Benefytt Technologies Inc., up $8.43 to $30.80.

The health insurance technology company is being bought by Madison Dearborn Partners.

Quest Diagnostics Inc., up $2.32 to $119.14.

The nationwide chain of clinical labs gave investors an encouraging second-quarter profit and revenue forecast.

Pfizer Inc., up $1.38 to $35.21.

Two of the drug company's potential coronavirus vaccines were given a “fast-track” designation by the U.S. government.

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