Fiat, Seaworld rise; Meredith, Kraft Heinz slip
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday:
Total System Services Inc., up $5.39 to $118.84
The payments processing company is being bought by Global Payments in an all-stock deal valued at $21.5 billion.
Anaplan Inc., up $6.76 to $43.87
The software developer’s first quarter profit and revenue beat Wall Street forecasts and it gave investors a solid outlook for the year.
Seaworld Entertainment Inc., up $4.52 to $31.77
The theme park operator is buying back stock and announced increased investment from a hedge fund.
Meredith Corp., down $2.14 to $52.57
The publisher sold its Sports Illustrated brand to Authentic Brands for $110 million.
Fiat Chrysler Automobiles NV, up 93 cents to $13.78
The carmaker is proposing a merger with France’s Renault to create the world’s third-biggest automaker.
Advanced Micro Devices Inc., up $2.59 to $29.03
The chipmaker announced the release of several new computing and graphics products for video games.
Momo Inc., up $1.29 to $27.31
The Chinese social media company reported strong first quarter financial results and issued a solid forecast.
Kraft Heinz Co., down $2.05 to $29.06
The food maker and other consumer staples companies lagged the market as investors shifted to more risk-heavy holdings.