NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Monday:
Alliance Data Systems Corp. (ADS), up $9.43 to $210.39
Hedge fund ValueAct Capital disclosed a 6.8 per cent stake in Alliance, which manages loyalty and rewards programs for retailers and other companies.
Boeing Co. (BA), up $1.95 to $132.04
Heavy machinery company made some of the largest gains as the market rose on Monday.
Eversource Energy (ES), down 24 cents to $59.33
Investors sold shares of traditionally safe investments like phone companies and utilities.
Sagent Pharmaceuticals Inc. (SGNT), up $6.15 to $21.65
Japanese drugmaker Nichi-Iko Pharmaceutical agreed to buy the generic drug company for $21.75 per share, or about $714 million.
PayPal Holdings Inc. (PYPL), up 79 cents to $38.15
Technology companies outperformed the market as stocks moved higher.
Freeport-McMoRan Corp. (FCX), up 45 cents to $11.65
The gold and copper mining company rose as copper prices jumped.
Kinder Morgan Inc. (KMI), up 68 cents to $19.22
The company announced a natural gas pipeline deal with Southern Co.
Netflix Inc. (NFLX), down $2.39 to $94.67
Barron’s said the streaming video company’s stock could fall substantially as its growth slows down and competition increases.