Stocks that are trading heavily or have substantial price changes on Tuesday: Oracle, Hasbro fall; Icosovax, Perion Network rise
Stocks that are trading heavily or have substantial price changes on Tuesday:
ORCL" target="_blank">Oracle Corp. (ORCL), down $12.81 to $102.32.
The software maker's fiscal second-quarter revenue fell short of analysts' forecasts.
HAS" target="_blank">Hasbro Inc. (HAS), down $1.41 to $47.49.
The toy maker behind Play-Doh and My Little Pony is cutting about 1,100 jobs, or 20% of its workforce.
CHH" target="_blank">Choice Hotels International Inc. (CHH), down $2.35 to $111.46.
The hotel operator is launching a hostile takeover offer for Wyndham Hotels & Resorts after repeated attempts to reach a deal were rebuffed.
ICVX" target="_blank">Icosavax Inc. (ICVX), up $5.13 to $15.61.
AZN" target="_blank">AstraZeneca (AZN) is buying the vaccine maker for about $838 million.
PERI" target="_blank">Perion Network Ltd. (PERI), up 80 cents to $28.11.
The digital media company is buying Hivestack for up to $125 million.
SGEN" target="_blank">Seagen Inc. (SGEN), up $7.23 to $228.83.
PFE" target="_blank">Pfizer (PFE) said it has all the regulatory approvals needed to close its buyout of the biotechnology company.
GO" target="_blank">Grocery Outlet (GO), down $2.04 to $27 .70.
The supermarket company selling discount, overstocked and closeout products said its longtime chief financial officer, Charles Bracher, will step down next year.
LCID" target="_blank">Lucid Group Inc. (LCID), down 44 cents to $4.1 8.
The electric vehicle company said its chief financial officer, Sherry House, resigned.