Panera, BioFuel Energy, BlackBerry, Prana and Lions Gate are big market movers

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.