Coty, Beyond Meat rise; Pfizer, Gilead Sciences fall
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Coty, Beyond Meat rise; Pfizer, Gilead Sciences fall

Last Updated Jun 1, 2020 at 4:32 pm EDT

NEW YORK — Stocks that moved heavily or traded substantially on Monday:

Coty Inc., up 76 cents to $4.39.

The maker of Clairol is selling a majority stake in its hair care business to investment firm KKR.

Gilead Sciences Inc., down $2.67 to $75.16.

The latest results from the biotechnology company’s study of a potential COVID-19 treatment disappointed investors.

Beyond Meat Inc., up $10.40 to $138.69.

The company’s plant-based burger will be on the menu for a limited time at KFC and Taco Bell restaurants in China.

Zynga Inc., up 51 cents to $9.66.

The Farmville maker is buying mobile game maker Peak for $1.8 billion, and it raised revenue forecasts for the year.

Pfizer Inc., down $2.73 to $35.46.

The drug maker reported disappointing results from a study of Ibrance, its drug for early-stage breast cancer.

Target Corp., down $2.84 to $119.49.

Target is closing or reducing hours at some stores amid ongoing national protests against police brutality.

Micron Technology Inc., down $1.57 to $46.34.

Chipmakers will lobby the U.S. government for billions of dollars to help boost manufacturing, according to the Wall Street Journal.

Bank of America Corp., up 49 cents to $24.61.

Bond yields, which determine banks’ ability to charge lucrative interest on loans, rose.

The Associated Press

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