Meredith and Barracuda climb while ConocoPhillips falls
Nov. 27, 2017
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:
Meredith Corp., up $6.55 to $67.55
The Better Homes & Gardens publisher agreed to buy Time Inc. for $1.8 billion, or $18.50 a share.
Barracuda Networks Inc., up $3.90 to $27.59
The cloud-based security and storage services company agreed to be bought by Thoma Bravo for $1.47 billion.
American Outdoor Brands Corp., up 45 cents to $13.73
Firearms makers rose on indications of strong gun sales on Black Friday.
Cedar Realty Trust Inc., down 6 cents to $6
The shopping center real estate investment trust said it received and rejected an offer from rival Wheeler.
Amazon.com Inc., up $9.83 to $1,195.83
Adobe Analytics projected that spending on Cyber Monday would climb 16 percent to $6.6 billion.
ConocoPhillips, down $1.31 to $49.16
Energy companies declined as the price of oil retreated after some big recent gains.
Express Inc., up 44 cents to $8.25
Retailers made gains on reports the holiday shopping season is off to a strong start.
Western Digital Corp., down $6.23 to $86.55
Chipmakers lagged behind the rest of the market on Monday.