Gilead, Insmed rise; ON Semiconductor, Pacific Premier fall
NEW YORK (AP) - Stocks that moved heavily or traded substantially on Monday:
Gilead Sciences Inc., up $3.16 to $66.36
The biotechnology's antiviral drug Remdesivir is being tested as a possible treatment for the new coronavirus outbreak, according to media reports.
Maxar Technologies Inc., up 54 cents to $16.50
The space technology and systems company signed a contract with NASA to build a new generation of communications satellites.
ON Semiconductor Corp., down $3.24 to $19.91
The semiconductor components maker reported weak fourth-quarter profits.
Pacific Premier Bancorp Inc., down 28 cents to $29.52
The regional bank is buying Opus Bank for $1 billion in a move to expand in California and in the Seattle area.
Edgewell Personal Care Co., up $3.45 to $29.27
The Federal Trade Commission is trying to block the owner of Schick razors from buying Harry's Inc.
Baidu Inc., up $6.93 to $130.49
The Chinese Internet search company raised its revenue forecast for the fourth quarter.
Asbury Automotive Group Inc., up $2.81 to $99.26
The car dealer and automotive services company beat Wall Street's fourth-quarter profit and revenue forecasts.
Insmed Inc., up $8.34 to $28.88
The biotechnology company reported solid results from a key study of a potential lung disorder treatment.