Carlyle Group, Seadrill rise; PG&E, Argenx fall, Tuesday, 11/28/2023
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday:
PDD Holdings Inc., up $21.28 to $139.
The Chinese online retailer gave investors an encouraging third-quarter earnings report.
Carlyle Group Inc., up $1.61 to $34.43.
The asset management firm will join the S&P MidCap 400 index.
Seadrill Ltd., up $2.40 to $44.97.
The offshore drilling services provider beat analysts’ third-quarter financial forecasts.
WP Carey Inc., up $2.46 to $61.61.
The real estate investment trust is joining the S&P MidCap 400 index.
Springworks Therapeutics Inc., up $3.88 to $24.65.
U.S. regulators approved the biopharmaceutical company’s tumor treatment Ogsiveo.
Argenx SE, down $50.43 to $445.34.
The drug developer gave investors a discouraging update on a potential treatment for low blood platelet levels.
Twilio Inc., up $2.25 to $65.10.
Asset management firm Anson Funds is reportedly pushing for a sale of the communications software company.
PG&E Corp., down 40 cents to $17.50.
The utility company reinstated its cash dividend for the first time since 2017.