Lululemon, Moderna rise; Comtech, Newmont fall
NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Tuesday:
Lululemon Athletica Inc., up $4.55 to $397.12.
The athletic apparel maker's board of directors boosted its stock buyback plan by $500 million.
Ocugen Inc., up 18 cents to $6.93.
The biopharmaceutical company signed a co-development deal with Bharat Biotech for the COVID-19 vaccine Covaxin.
Moderna Inc., up $6.27 to $332.11.
European regulators approved a booster shot of the drug developer's COVID-19 vaccine for severely immunocompromised individuals.
Comtech Telecommunications Corp., down $2.75 to $22.63.
The communications company reported weak fiscal fourth-quarter revenue.
Newmont Corp., down 84 cents to $53.83.
Gold prices edged lower and weighed on the gold producer.
Citigroup Inc., up $1.24 to $72.53.
Banks gained ground as bond yields rose, which helps them charge more lucrative interest on loans.
Chevron Corp., up $1.14 to $105.86.
Energy prices continued rising and helped send energy stocks higher.
Chipotle Mexican Grill Inc., up $25.35 to $1,830.12.
A report showed that the U.S. services sector grew at a faster pace in September than economists anticipated.