Cleveland-Cliffs, CBL tumble while Lands' End, ViewRay gain
NEW YORK (AP) - Stocks that moved substantially or traded heavily on Tuesday:
Cleveland-Cliffs Inc., down 90 cents to $7.51
The iron-ore mining company is buying steel maker AK Steel for about $1.1 billion.
Audentes Therapeutics Inc., up $30.32 to $58.93
The gene-therapy developer is being bought by Japan's Astellas Pharma for about $3 billion.
Apple Inc., down $4.71 to $259.45
The iPhone maker slumped after President Donald Trump said a trade deal with China can wait.
Cadence Design Systems Inc., down $2.26 to $65.22
The maker of technology used to validate chip designs is buying National Instruments' AWR subsidiary.
CBL & Associates Properties Inc., down 33 cents to $1.02
The owner and operator of retail properties suspended its dividends as it deals with retailer bankruptcies and store closings.
Donaldson Co., down $1.26 to $53.91
The maker of filtration systems reported weak first-quarter profit and revenue.
ViewRay Inc., up $1.04 to $4.44
The radiation therapy systems maker announced a $75 million stock offering along with collaborations with Medtronic and Elekta.
Lands' End Inc., up $2.47 to $14.24
The clothing maker raised its profit forecast for the year after reporting surprisingly good fourth-quarter earnings.