Moderna, Biogen rise; Oatly, Dentsply fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Monday.com Ltd., up $6.91 to $102.10.
The project management software developer reported strong third-quarter financial results.
Moderna Inc., up $7.83 to $179.03.
The vaccine maker gave investors an encouraging update on the development of its latest COVID-19 vaccines.
Biogen Inc., up $9.61 to $299.06.
Competitor Roche gave investors a disappointing update on the development of a potential Alzheimer’s disease treatment.
Oatly Group AB, down 31 cents to $2.14.
The maker of oat-based dairy product alternatives reported a bigger third-quarter loss than analysts expected.
Dentsply Sirona Inc., down $1.70 to $30.35.
The dental products maker cut its profit forecast for the year.
Thoughtworks Holding Inc., down 19 cents to $8.34.
The technology consulting company reported disappointing third-quarter profits.
Tesla Inc., down $5.02 to $190.95.
CEO Elon Musk told a business forum that he is overworked following the buyout of Twitter.
Coinbase Global Inc., down $4.24 to $53.22.
The crypto exchange platform faces uncertainty along with the broader crypto market following the implosion of FTX.