Washingtonpost
Carlyle Group, Seadrill rise; PG&E, Argenx fall, Tuesday, 11/28/2023
S.Ramirez3 months ago
NEW YORK — Stocks that traded heavily or had substantial price changes on Tuesday: PDD Holdings Inc., up $21.28 to $139. Get a curated selection of 10 of our best stories in your inbox every weekend. 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.
Read the full article:https://www.washingtonpost.com/business/2023/11/28/financial-markets-stocks-wall-street/8c483cf6-8e10-11ee-95e1-edd75d825df0_story.html
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