Free Trial

Taiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fall, Monday, 4/8/2024

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday:

Taiwan Semiconductor Manufacturing Co., up $1.43 to $142.79.

The White House pledged to provide up to $6.6 billion for the chipmaker to expand facilities in Arizona.

Apartment Income REIT Corp., up $7.03 to $38.38.

The real estate investment trust agreed to be acquired by Blackstone for $39.12 a share in cash.

Paramount Global, down 91 cents to $11.06.

Controlling shareholder Shari Redstone could net $2 billion in cash in a buyout deal reportedly being discussed for the owner of CBS.

JPMorgan Chase & Co., up $1.03 to $198.48.

CEO Jamie Dimon's annual shareholder letter said he continues to expect the U.S. economy to grow this year.

Model N Inc., up $2.73 to $29.82.

The Silicon Valley software company agreed to be acquired for $30 a share in cash by Vista Equity Partners.

Perion Network Ltd., down $8.61 to $12.50.

The digital advertising company cut its full-year sales and profit forecasts, citing a drop in search ads on Microsoft's Bing search engine.

Spirit Airlines, Inc., up 29 cents to $4.72.

The discount airline is deferring deliveries of aircraft from Airbus and plans to furlough 260 pilots effective Sept. 1.

Occidental Petroleum Corp., down 52 cents to $68.73.

Energy companies fell along with crude oil prices.

Where should you invest $1,000 right now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Can Blackwell Propel the Stock to $200+ in 2025?
These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines