H&R Block, Macy's fall; Avis Budget, PG&E rise
NEW YORK (AP) - Stocks that moved heavily or traded substantially on Monday:
Gilead Sciences Inc., down 65 cents to $72.61.
The biotechnology company suspended emergency access to its experimental coronavirus drug because of overwhelming demand.
H&R Block Inc., down 70 cents to $12.38.
The Internal Revenue Service delayed the tax filing deadline to July 15.
PG&E Corp., up 90 cents to $8.12.
The troubled utility is close to resolving an issue with California over its bankruptcy deal.
Danaher Corp., down $2.42 to $121.39.
The company's molecular diagnostics unit gained emergency authorization for its test for the virus behind COVID-19.
Bank of America Corp., down $1.59 to $18.08.
Bond yields continued to fall, which limits banks lucrative interest on mortgages and other loans.
Macy's Inc., down $1.21 to $4.81.
The department store operator faces a severe hit to sales as authorities order the shutdown of non-essential businesses.
Avis Budget Group Inc., up $2.42 to $13.40.
The car rental company pulled its financial forecasts and said it will cut costs as business slumps because of the virus pandemic.
Amneal Pharmaceuticals Inc., up 24 cents to $3.81.
The pharmaceutical company is ramping up production of an antimalarial drug that could be effective against COVID-19.