Papa John’s, Evolus rise; Gannett, Allergan slip
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday:
Papa John’s International Inc., up $ 3.46 to $41.97
The head of the investment firm Starboard Value is being named board chairman at the troubled pizza chain, while also investing $200 million.
Gannett Co., down 25 cents to $10.97
The publisher of USA Today and other newspapers is rejecting a $1.36 billion buyout from a hedge-fund backed media group with a history of taking over newspapers and slashing jobs.
The Ultimate Software Group Inc., up $54.71 to $332.54
The cloud-based software company is being bought by a private equity firm for about $11 billion.
Evolus Inc., up $2.16 to $20.50
The company received regulatory approval for its wrinkle treatment Jeuveau, which will compete with Allergan’s Botox.
Clorox Co., up $8.52 to $158.38
The maker of liquid bleach and consumer goods reported mixed financial results as tariffs cut into its bottom line, but it still beat forecasts.
Sysco Corp., up $3.07 to $66.64
The food distributor reported a boost in sales and its financial results beat Wall Street forecasts.
Weyerhaeuser Co., down 60 cents to $26.15
The timber and paper products company’s revenue fell in its most recent quarter and weighed down profit, with results falling short of forecasts.
Allergan Plc., down $5.54 to $138.53
The maker of wrinkle treatment Botox will face competition from Evolus’ recently approved Jeuveau.