STOCKS ON THE MOVE
▼ Tesla Inc., down $47.59 to $1,497.06 The electric vehicle maker cut the starting price of its Model Y SUV, according to media reports.
▼ AMC Entertainment, down 34 cents to $4.26 The movie chain announced a restructuring that will provide $300 million in financing.
▼ Sirius XM Holdings, down 11 cents to $5.59 Is buying E.W. Scripps’ podcast unit Stitcher.
▼ Analog Devices, down $7.25 to $117.25 Chipmaker is buying rival Maxim Integrated.
▲ PepsiCo Inc., up 45 cents to $134.91 Beat Q2 profit and revenue forecasts.
▲ Benefytt Technologies, up $8.43 to $30.80 The health insurance technology company is being bought by Madison Dearborn Partners.
▲ Quest Diagnostics, up $2.32 to $119.14 The nationwide chain of clinical labs gave an encouraging profit and revenue forecast.
▲ Pfizer Inc., up $1.38 to $35.21 Two of its potential virus vaccines were given “fast track” designation by U.S. government.