Principia, Novavax rise; Wells Fargo, Carnival fall
NEW YORK (AP) - Stocks that moved heavily or traded substantially Monday:
Principia Biopharma Inc., up $8.51 to $99.25.
Drug developer Sanofi is buying the biotechnology company for about $3.4 billion.
Novavax Inc., up $9.02 to $155.53.
The biotechnology company's potential coronavirus vaccine moved into the next phase of development.
Unity Biotechnology Inc., down $8.28 to $4.15.
The company gave investors a disappointing update on its potential treatment for osteoarthritis of the knee.
Nvidia Corp., up $30.92 to $493.48.
The chipmaker is interested in buying chip designer ARM from Softbank, according to media reports.
DaVita Inc., up $4.09 to $86.26.
The chain of dialysis centers launched a $1 billion stock buyback program.
Wells Fargo & Co., down 83 cents to $24.47.
Warren Buffett's Berkshire Hathaway said it's trimmed its investment in the bank.
Rackspace Technology Inc., up $1.71 to $18.31.
Amazon may invest in the cloud computing company, according to media reports.
Carnival Corp., down 79 cents to $14.68.
The cruise line operator is raising $900 million in a private offering of senior notes.