Gardner Denver rises while Restaurant Brands, Spotify fall

FAN Editor

Stocks that moved substantially or traded heavily on Monday:

Gardner Denver Holdings Inc., up $4.50 to $32.55

Continue Reading Below

The industrial machinery company is in talks to merge with a division of Ingersoll-Rand, according to media reports.

Occidental Petroleum Corp., down $1.18 to $60.13

Anadarko is resurrecting buyout talks with the oil company, setting up a bidding war with Chevron.

Armstrong World Industries Inc., down 59 cents to $87.15

The ceiling and wall systems maker reported first quarter revenue that was weaker than analysts anticipated.

Restaurant Brands International Inc., down 96 cents to $65.50

The operator of Burger King and Tim Hortons reported slower sales growth and its profit missed analysts’ forecasts.

Momo Inc., down $2.51 to $34.36

The China-based social media company says its Tantan dating app was removed from mobile stores on government orders.

Spotify Technology SA, down 11 cents to $138.14

The music streaming app reported a sharper first quarter loss than analysts had forecast.

McDermott International Inc., down 66 cents to $8.92

The offshore drilling platforms company expects stronger results later this year and raised its profit forecast.

Bank of America Corp., up 42 cents to $30.77

The bank and its peers benefited from a government report showing a surge in consumer spending last month.

Free America Network Articles

Leave a Reply

Next Post

Shares of Google parent Alphabet sink on 1Q revenue miss

Alphabet shares sank in after-hours trading Monday after the Google parent missed Wall Street’s first-quarter revenue expectations as rivals took a share of the search engine’s once-dominant online advertising. Continue Reading Below The tech giant said first-quarter revenue grew 17 percent to $36.34 billion, falling short of the $37.33 billion expected […]

You May Like