Stocks that traded heavily or had substantial price changes on Monday: M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall
NEW YORK — Stocks that traded heavily or had substantial price changes on Monday:
Medial Properties Trust Inc., up 75 cents to $4.74.
The health care facilities owner is selling a majority interest in five Utah hospitals for about $1.1 billion.
Encore Wire Corp., up $30.25 to $291.23.
Prysmian is buying the copper wire maker.
M&T Bank Corp., up $6.38 to $140.94.
The bank’s first-quarter earnings beat analysts’ forecasts.
Goldman Sachs Group Inc., up $11.39 to $400.88.
The investment bank beat Wall Street’s first-quarter earnings and revenue forecasts.
Salesforce Inc., down $21.42 to $272.90.
The software company is reportedly considering buying Informatic.
Tesla Inc., down $9.57 to $161.48.
The electric vehicle maker is reportedly cutting more than 10% of its global workforce.
Blackbaud Inc., up $2.41 to $79.13.
The software company received a buyout offer from Clearlake Capital.
Freeport-McMoRan Inc., up 55 cents to $50.02.
The copper mining company gained ground along with prices for the base metal.
