Boeing and Apache rise; Disney and Hovnanian move lower
NEW YORK (AP) - Stocks that moved substantially or traded heavily on Monday:
Boeing Co., up $9.55 to $337.55.
The aerospace manufacturer said its CEO has resigned amid ongoing problems related to its troubled 737 Max aircraft.
Apache Corp., up $3.91 to $26.53.
The oil and natural gas producer announced a joint venture to develop an oil field in Suriname.
Walt Disney Co., down $2.20 to $144.68.
Box office receipts for the latest 'œStar Wars'ť film didn't match the opening weekend performance of its recent predecessors.
Cincinnati Bell Inc., up $2.73 to $10.45.
The communications company agreed to be acquired by Brookfield Infrastructure in a deal valued at $2.6 billion including debt.
AquaVenture Holdings Ltd., up $5.34 to $27.10.
The provider of filtered water systems agreed to be acquired by Culligan in a deal valued at roughly $1.1 billion.
ArcelorMittal SA, down 1 cent to $17.83.
The steel and mining company agreed to sell a 50% stake in its shipping business to DryLog Ltd.
Sarepta Therapeutics Inc., up $9.41 to $135.58.
The drugmaker entered into a licensing agreement with Roche for an experimental gene therapy treatment for Duchenne muscular dystrophy.
Hovnanian Enterprises Inc., down 22 cents to $21.08.
Homebuilders fell after the Commerce Department said new home sales last month grew at a slower rate than analysts expected.