US Steel, Monday.com rise; Nikola, Paramount Global fall, Monday, 8/14/2023
abcnews.go.comStocks that traded heavily or had substantial price changes Monday: US Steel, Monday
NEW YORK — Stocks that traded heavily or had substantial price changes on Monday:
U.S. Steel Corp. (X), up $8.36 to $31.08
The company rejected a buyout offer from Cleveland-Cliffs and said that it’s had multiple offers.
PayPal Holdings Inc. (PYPL), up $1.73 to $63.27
The company named Intuit executive Alex Chriss as its new CEO effective Sept. 27.
Monday.com Ltd. (MNDY), up $13.27 to $169.11
The maker of business communications tools reported earnings that far exceeded forecasts and raised its outlook for the year.
Nikola Corp. (NKLA), down 13 cents to $1.82
The zero-emission truck company recalled more than 200 vehicles after an investigation indicated a battery pack problem could be the cause of an earlier fire.
Target Corp. (TGT), down $1.63 to $129.42
The Minneapolis-based chain is among several major retailers reporting their latest results this week.
Tesla Inc. (TSLA), down $2.89 to $239.76
The company reportedly cut prices in China for the long-range and performance versions of its Model Y.
Paramount Global Class B (PARA), down 34 cents to $14.93
News outlets reported that Neeraj Khemlani is stepping down as head of CBS News.
Nvidia Corp. (NVDA), up $28.98 to $437.53
The chipmaker has been caught up in an investor mania over the rapidly developing AI sector.
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