Chegg, Tenet rise; Norwegian Cruise Line, WestRock fall
NEW YORK (AP) - Stocks that moved heavily or traded substantially on Tuesday:
Portola Pharmaceuticals Inc., up $10.09 to $17.85.
The biotechnology company is being bought by Alexion Pharmaceuticals for just over $1.4 billion.
Norwegian Cruise Line Holdings Ltd., down $3.26 to $11.18.
The company told investors it has substantial doubts over its ability to continue operating.
L Brands Inc., down 42 cents to $11.62.
The owner of Victoria's Secret scrapped the planned sale of a controlling stake to Sycamore Partners.
Five9 Inc., up 14 cents to $96.02.
The cloud-based software company cut its full-year earnings forecast.
Chegg Inc., up $14.13 to $57.92.
The online textbook rental service delivered a solid revenue forecast and surprisingly good first-quarter results.
Tenet Healthcare Corp., up 94 cents to $18.90.
The hospital operator blew past Wall Street's first-quarter profit forecasts.
Regeneron Pharmaceuticals Inc., up $32.55 to $574.37.
The biotechnology company had a strong first quarter and plans to start human studies in June for a COVID-19 treatment.
WestRock Co., down $5.25 to $25.06.
The paper and packaging company is cutting its capital investments because of the pandemic.