NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Monday:
American Tower Corp., down $3.14 to $102.57
Investors sold real estate investment trusts and other big dividend-paying companies as higher bond yields made those investments less attractive.
Bank of America Corp., up $1.06 to $20.08
Bank stocks led the market higher as bond yields jumped, which points to higher interest rates and bigger lending profits.
Facebook Inc., down $3.94 to $115.08
Technology companies slumped as investors worried that Donald Trump’s policies as president will hurt their sales overseas.
Harman International Industries Inc., up $22.07 to $109.72
Samsung agreed to buy Harman, which makes products for connected cars including audio systems and safety and entertainment features.
Mentor Graphics Corp., up $5.61 to $36.29
German industrial equipment company Siemens agreed to buy the software maker for $4.5 billion, or $37.25 a share.
Digi International Inc., up $1.75 to $13.40
The communication adapters maker received an offer from communications equipment company Belden, but rejected it because it’s too low.
TransDigm Group Inc., down $19.35 to $252.94
The aircraft components maker reported mixed quarterly results and investors found its profit forecast disappointing.
Anadarko Petroleum Corp., down 54 cents to $60.50
Energy companies traded lower as the price of oil fell.