Sanderson Farms, Tyson Foods rise; Elanco, Occidental fall
Stocks that traded heavily or had substantial price changes Monday: Sanderson Farms, Tyson Foods rise; Elanco, Occidental fall
NEW YORK — Stocks that traded heavily or had substantial price changes Monday:
Sanderson Farms Inc., up $13.51 to $195.88.
Cargill and Continental Grain formed a joint venture to buy the poultry producer for $4.53 billion.
American National Group Inc., up $15.20 to $188.
Brookfield Asset Management Reinsurance Partners is buying the insurance company for $5.1 billion.
Tyson Foods Inc., up $6.18 to $77.30.
The poultry producer handily beat Wall Street’s second-quarter profit forecasts.
Energizer Holdings Inc., down 25 cents to $40.55.
Investors were disappointed by the battery and personal care products company’s profit forecast for the year.
Elanco Animal Health Inc., down $5.69 to $29.67.
The maker of medicines and vaccinations for pets cut its profit forecast for the year.
Air Products & Chemicals Inc., down $15.07 to $275.75.
The seller of gases for industrial, medical and other uses reported weak fiscal third-quarter earnings.
Golden Nugget Online Gaming Inc., up $6.23 to $18.50.
DraftKings is buying the online casino company in an all-stock deal valued at about $1.56 billion.
Occidental Petroleum Corp., down 78 cents to $25.61.
Oil prices slumped and dragged down energy stocks.