Arcellx, Alibaba Group fall; Etsy, Rivian Automotive rise, Tuesday, 6/20/2023
By AP News - Jun 20, 2023, 12:12 PM ET
Last Updated - Apr 11, 2024, 09:01 AM EDT
Stocks that are trading heavily or have substantial price changes on Tuesday: Arcellx, Alibaba Group fall; Etsy, Rivian Automotive rise
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Tuesday:
Alibaba Group Holding Ltd. (BABA), down $4.42 to $87.68.
The online retailer named Eddie Wu, chairman of its e-commerce group, to succeed Daniel Zhang as CEO.
Etsy Inc. (ETSY), up 68 cents to $95.28.
The online crafts marketplace's board of directors approved a new $1 billion stock buyback program.
Lazard Ltd. (LAZ), up 59 cents to $32.69.
Abu Dhabi's ADQ wealth fund reportedly considered buying the financial advisor and asset management firm, but talks fell apart.
Arcellx Inc. (ACLX), down $2.80 to $33.
The biotechnology company gave investors a disappointing update on a potential blood cancer treatment.
Dice Therapeutics Inc. (DICE), up $12.59 to $46.44.
Eli Lilly is buying the biopharmaceutical company.
Rivian Automotive Inc. (RIVN), up 45 cents to $15.33.
The electric vehicle maker signed an agreement to join Tesla’s charging network.
PayPal Holdings Inc. (PYPL), up $1.86 to $68.29.
Investment company KKR is buying a portion of the digital payments company's “buy now, pay later” loans in Europe.
Hess Corp. (HES), down $4.27 to $131.29.
Energy companies slipped along with falling crude oil prices.