NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
Lions Gate Entertainment Corp., up $1.53 to $26.73
J.P. Morgan suggests investors ignore a sell-off in the studios’ shares this year, calling the steep decline a buying opportunity.
Edwards Lifesciences Corp., up $3.01 to $74.17
A randomized trial shows that the heart-health technology company’s heart valve worked better than one from rival Medtronic.
General Motors Co., down 31 cents to $34.42
On top of its recalls for an ignition defect and transmission oil leaks, GM recalls 1.3 million more cars to fix their power steering.
Novartis AG, up $3.43 to $85.02
The pharmaceutical company ends research into a chronic heart failure treatment because the drug has proven so effective, sending shares to an all-time high.
Prana Biotechnology Ltd., down $7.06 to $2.80
The Australian drug developer said its most advanced drug missed the main goal in a study of patients with Alzheimer’s disease.
BioFuel Energy Corp., up $4.16 to $7.30
Greenlight Capital revealed a 35.5 per cent state in the one-time alternative fuel company and proposed a real estate investment.
Panera Bread Co., up $2.47 to $176.47
Wedbush issues an upgrade, saying the restaurant chain will beat estimates based on very favourable trends for sales at established locations.
BlackBerry Ltd., down 33 cents to $8.08
BlackBerry wins ban against Ryan Seacrest’s Typo, preventing it from selling a physical keyboard add-on for the iPhone.