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GE, Tesla and GM jump while Akorn plunges

General Electric, Tesla and General Motors climb while Akorn and Vornado Realty stumble

Reported by: AP Published on: October 02, 2018 2:30 IST
GE, Tesla and GM jump while Akorn plunges
Image Source : AP GE, Tesla and GM jump while Akorn plunges

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

General Electric Co., up 80 to $12.09

The industrial company replaced John Flannery, who became its CEO and chairman a little more than a year ago.

Tesla Inc., up $45.93 to $310.70

Elon Musk will remain CEO of the electric car maker after settling a lawsuit brought by regulators.

Dean Foods Co., up 6 cents to $7.16

U.S. dairy farmers will get greater access to Canadian markets after the two countries agreed to a new trade pact.

General Motors Co., up 53 cents to $34.20

The trade agreement appeared to make tariffs on imported autos less likely.

Akorn Inc., down $7.62 to $5.36

A court ruled against Akorn and said German health care company Fresenius can back out of its deal to buy it.

Praxair Inc., up $8.14 to $168.87

Chinese regulators approved the industrial gas company's merger with Linde of Germany.

Vornado Realty Trust, down 72 cents to $72.28

Real estate and utility companies slipped Monday as rising yields encouraged investors to buy bonds.

Chevron Corp., up $2.11 to $124.39

Energy companies rose as oil prices continued to climb.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.
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