Micron, American Airlines fall; PacWest, Plug Power rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Micron Technology Inc., down $1.94 to $66.23.
China told users of computer equipment deemed sensitive to stop buying products from the U.S. memory chipmaker.
PacWest Bancorp, up $1.12 to $6.85.
The regional bank said it is selling a portfolio of real estate construction loans with an outstanding balance of about $2.6 billion.
VectivBio Holding AG, up $4.31 to $16.21.
Ironwood Pharmaceuticals is buying the biopharmaceutical company.
Plug Power Inc., up $1.10 to $8.83.
The developer of hydrogen fuel cells announced several deals in Europe.
Intercept Pharmaceuticals Inc., down $4.03 to $9.53.
The biopharmaceutical company gave investors a discouraging update on a potential liver condition treatment.
PDC Energy Inc., up $4.70 to $69.82.
Chevron is buying the oil and gas company.
Albemarle Corp., up $2.35 to $206.50.
The specialty chemicals company announced a supply deal with Ford to help support electric vehicle production.
American Airlines Group Inc., down 44 cents to $14.38.
A federal judge ruled that American and JetBlue must end their partnership in the northeast United States.
Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.