NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq stock market:
Valeant Pharmaceuticals International Inc., down $11.97 to $102.14
The drug developer’s CEO, J. Michael Pearson, is taking a medical leave of absence after he was hospitalized with pneumonia.
Freeport-McMoRan Inc., down 72 cents to $6.85
The mining company’s executive chairman and co-founder, James R. Moffett, is resigning.
Chesapeake Energy Corp., down 38 cents to $ 4.07
The oil and natural gas company’s stock fell along with many of its peers as prices for oil and other commodities fell.
Now Inc., down $1.17 to $15.68
The energy and industrial products distribution company might not meet its financial obligations under its credit agreement.
Iconix Brand Group Inc., down $1.78 to $5.67
The clothing brand licensing group received a letter of investigation from the SEC two months after saying it would have to resubmit some financial statements.
Gold Fields Inc., down 23 cents to $2.70
The gold mining company’s stock fell along with its peers as gold prices continue to slide.
Chimerix Inc., down $28.95 to $6.62
The biotechnology company’s oral antiviral drug for infections associated with stem-cell transplants failed in late-stage study.
Viking Therapeutics Inc., up $2.17 to $4.35
The biotechnology company reported positive results from a preclinical study on its lead drug development program for muscle and bone disorders.