V.F., Tesla fall; Universal Display, Delta rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Tesla Inc., down $12.41 to $182.45.
The electric vehicle maker is reportedly planning to cut production in China.
V.F. Corp., down $3.71 to $29.51.
The owner of the Vans and North Face brands warned investors weak demand is crimping revenue.
Science Applications International Corp., up $4.70 to $113.96.
The government services and information technology company reported strong third-quarter financial results.
Universal Display Corp., up $6.43 to $119.12.
The technology supplier for OLED televisions signed a new license agreement with Samsung Display Co.
Verizon Communications Inc., down $1.11 to $37.07.
The telecommunications company said the leader of its consumer group stepped down.
SL Green Realty Corp., down $2.55 to $38.06.
The real estate investment trust focused on office buildings in New York City lowered its dividend.
Credit Suisse Group AG, down 4 cents to $3.34.
Saudi Crown Price Mohammed bin Salman is reportedly considering a $500M investment in the bank’s First Boston spinoff.
Delta Air Lines Inc., up 8 cents to $35.79.
Airlines gained ground as China loosened some of its strict COVID-19 restrictions.
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