Under Armour, Marriott fall; Cardinal Health, AMC rise
May 11, 2020 1:23 PM PT
Stocks that moved substantially or traded heavily on Monday:
Cardinal Health Inc., up $3.36 to $53.24.
The drug and hospital equipment supplier reported strong quarterly earnings and reaffirmed its profit forecast for the year.
Coty Inc., down 42 cents to $4.78.
The perfume and makeup company sold a majority stake in its hair business to private equity company KKR.
Under Armour Inc., down 97 cents to $9.01.
The sports apparel company reported disappointing first-quarter financial results as the virus pandemic sapped sales.
Eli Lilly and Co., up $5.04 to $158.55.
The pharmaceutical company's cancer drug Retevmo was approved by the Food and Drug Administration.
Quidel Corp., up $50.35 to $208.95.
The diagnostic test maker company received emergency regulatory approval for its COVID-19 antigen test.
AMC Entertainment Holdings Inc., up $1.22 to $5.32 .
Amazon.com is interested in buying the movie theater chain, according to media reports.
General Mills Inc., up $1.05 to $60.81.
The maker of Cheerios raised its financial forecasts for the year because of growing consumer demand.
Marriott International Inc., down $4.86 to $82.31.
The hotel chain's quarterly profit fell far short of Wall Street forecasts as rooms remain empty during the virus pandemic.
ESPN's Kevin Merida named L.A. Times executive editor