Delta, Kohl’s rise; Moderna, AST SpaceMobile fall
Stocks that traded heavily or had substantial price changes Monday:
Del Taco Restaurants Inc., up $4.98 to $12.51.
Jack in the Box is paying a big premium to buy the California-based restaurant chain.
GCP Applied Technologies Inc., up $4.62 to $31.64.
French construction materials supplier Saint-Gobain is buying the specialty chemicals maker for about $2.3 billion.
Kohl’s Inc., up $2.62 to $51.07.
An activist investor is pushing the department store chain to sell the company or spin off its e-commerce division.
Buckle Inc., up $1.19 to $48.07.
The teen clothing retailer increased its quarterly dividend and announced a special cash dividend.
Science Applications International Corp., up 28 cents to $85.84.
The technical engineering company raised its profit forecast.
AST SpaceMobile Inc., down 82 cents to $8.42.
The developer of space-based cellular broadband technology rescheduled the launch of its BlueWalker 3 satellite.
Moderna Inc., down $41.39 to $265.33.
The drug developer’s president warned of the risk that existing vaccines could be less effective against the omicron variant of COVID-19.
Delta Air Lines Inc., up $2.16 to $38.14.
Airline stocks rose after Dr. Anthony Fauci said early indications suggest the omicron variant may be less dangerous than the delta variant.