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Trimble and CymaBay Therapy increase; Big Lots, Monday.com fall, Monday 02/12/2024

NEW YORK (AP) — Stocks trading strongly or showing substantial price changes Monday: CymaBay Therapeutics Inc. (CBAY),…

NEW YORK (AP) — Stocks that trade strongly or vary significantly in price Monday:

CymaBay Therapeutics Inc. (CBAY), up $6.44 to $32.13.

Gilead Sciences is buying the drug developer for about $4.3 billion.

VF Corp. (VFC), up $2.04 to $17.34.

The maker of Vans, North Face and other brands is reportedly facing pressure from activist investors.

Diamondback Energy Inc. (FANG), $15.61 to $167.35.

The oil and gas company wants to buy rival Endeavor Energy Resources.

Joby Aviation Inc. (JOBY), up 48 cents to $6.41.

The air taxi developer has signed a deal with Dubai to launch its services by early 2026.

Trimble Navigation Ltd. (TRMB), up $1.70 to $54.21.

The GPS maker beat analysts’ profit and revenue forecasts for the fourth quarter.

Big Lots Inc. (BIG), down $1.67 to $3.69.

The discount retailer is reportedly seeking financing due to continued losses.

Beasley Broadcast Group Inc. (BBGI), up 4 cents to 87 cents.

The radio channel beat Wall Street’s fourth-quarter earnings forecasts.

Monday.com Ltd. (MNDY), down $21.44 to $214.48.

Investors were disappointed by the project management software developer’s latest financial report.

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News Source : wtop.com
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