Virgin America and Edwards rise; Brocade, PulteGroup fall
NEW YORK (AP) - Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
Edwards Lifesciences Corp., up $15.16 to $105.08
The medical device company said a new replacement heart valve met its goals in a clinical trial.
PulteGroup Inc., down $1.21 to $17.21
The homebuilder's chairman and CEO will retire in 2017, partly because the company's founder and his grandson wanted a change.
Nasdaq
Virgin America Inc., up $16.21 to $55.11
Alaska Air Group, the parent of Alaska Airlines, agreed to buy Virgin America for more than $2 billion.
Tesla Motors Inc., up $9.40 to $246.99
The electric car maker continued to report strong early sales of its new Model 3.
Brocade Communications Systems Inc., down $1.45 to $9.19
The computer networking company said it will buy Ruckus Wireless for $1.29 billion in cash and stock.
Zafgen Inc., up 58 cents to $7.28
The company reported new clinical data for a drug that treats a rare genetic disorder linked to obesity.
Natus Medical Inc., down $7.80 to $31.84
The maker of medical devices for newborn care forecast disappointing revenue for the first quarter.
AbbVie Inc., up $1.79 to $59.21
A panel in Europe recommended that AbbVie's drug Humira, a treatment for Crohn's disease, be approved for pediatric patients.