Free Trial

Incyte, Squarespace rise; Chimera Investment, Amazon fall, Monday, 5/13/2024

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday:

Incyte Corp., up $4.54 to $57.60.

The specialty drugmaker announced plans to buy back up to $2 billion of its stock.

Squarespace Inc., up $5.06 to $43.25.

The software company Squarespace is being taken private in $6.9 billion all-cash deal with private equity firm Permira.

Tencent Music Entertainment Group, up $1.46 to $14.80.

The China-based music streaming platform beat analysts' first-quarter revenue forecasts.

Walgreens Boots Alliance Inc., up 93 cents to $18.12.

The drugstore chain is reportedly discussing a potential sale of historic British pharmacy Boots.

Intel Corp., up 66 cents to $30.51.

The chipmaker is reportedly in advanced talks on an $11 billion investment from Apollo Global Management.

Chimera Investment Corp., down 25 cents to $4.36.

The mortgage investor announced a 1-for-3 reverse stock split later this month.

Precision BioSciences Inc., up 86 cents to $11.50.

The gene editing company beat analysts' first-quarter financial forecasts.

Amazon.com Inc., down 91 cents to $186.57.

The internet retail giant’s self-driving robotaxi unit is the target of an investigation after two vehicles were in crashes with motorcycles.

Where should you invest $1,000 right now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Will FOMC Push Stocks Higher? Here’s What to Expect
Unlock Growth: Understanding Dividend Yield
Palantir Stock Excluded from S&P 500: Still a Buy?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines