Here are Monday’s market winners and losers.
Biggest Winners
Shares of Par Pharmaceuticals (NYSE: PRX) are up 37.21% to $50.16 on trading volume of 3.9 million shares. Private equity firm TPG announced Monday it would purchase Par for $1.9 billion, or $50 a share. Before Monday, the 52-week high was $42.80.
Shares of Alnylam Pharmaceuticals (NASDAQ: ALNY) are up 26.12% to $15.79 on trading volume of 1.9 million shares. The company announced positive results from its Phase I trial of ALN-TTR02 , which helps treat a form of amylodosis. Before Monday, the 52-week high was $13.75.
Biggest Losers
Shares of IsoRay (ASE: ISR) are down 21.09% to $1.16 on trading volume of 2.7 million shares. The medical technology company announced it is selling about $3.5 million of its common stock. The 52-week low of the stock is $0.38.
Shares of Alpha Natural Resources (NYSE: ANR) are down 10.68% to $6.82 on trading volume of 7.1 million shares. Energy stocks are taking a big hit Monday, and Alpha Natural was cut to “underperform” by BMO Capital Markets, according to MarketWatch. Before Monday, the 52-week low was $7.17.
Samuel Weigley
Top Gaining Stocks
Top Losing Stocks