Moderna, HD Supply rise; Casper Sleep, Virgin Galactic fall

The Associated Press
November 16, 2020 at 9:25PM

NEW YORK — Stocks that moved heavily or traded substantially Monday:

PNC Financial Services Group Inc., up $3.51 to $126.29.

The bank is buying the U.S. subsidiary of Spain's BBVA bank for $11.6 billion in cash.

Taubman Centers Inc., up $3.32 to $42.80.

The mall landlord agreed to a lower buyout offer from Simon Property Group.

Uber Technologies Inc., up $1.60 to $49.21.

The ride-sharing company is mulling the sale of its Aurora autonomous driving unit, according to media reports.

Ovintiv Inc., up 86 cents to $11.93.

The oil and gas company is considering selling assets in Texas.

Moderna Inc., up $8.56 to $97.95.

The biotechnology company reported encouraging results from a study of its potential COVID-19 vaccine.

HD Supply Holdings Inc., up $10.96 to $55.77.

Home Depot is buying the distributor of maintenance and repair supplies in a deal valued at about $8 billion.

Casper Sleep Inc., down $1.01 to $6.42.

The online mattress seller reported disappointing third-quarter financial results.

Virgin Galactic Holdings Inc., down $1.38 to $20.89.

The spacecraft maker is cutting some operations in New Mexico and rescheduling a launch because of virus pandemic measures.

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