STOCKS ON THE MOVE
▼ McDonald’s Corp., down $1 to $244.04 The hamburger chain has started the process of selling its business in Russia.
▲ ManTech Int’l Corp., up $12.32 to $94.29 Investment firm Carlyle Group is buying the defense contractor in a $4.2 billion deal.
▼ JetBlue Airways, down 61 cents to $9.45 Is going hostile in its bid for Spirit Airlines.
▲ Rattler Midstream LP, up $1.82 to $14.67 Diamondback Energy is buying the rest of the energy services provider it doesn’t already own.
▲ Carvana Co., up 9 cents to $38.40
The online used car dealer’s updated operating plan was well received by investors.
▼ Vulcan Materials, down $7.89 to $160.13 Mexico suspended a permit for a subsidiary.
▼ Bank of America, down 36 cents to $34.81 Bond yields fell and weighed down banks.
▼ XPO Logistics Inc., down $1.95 to $50.91 The trucking company is reportedly considering selling its freight forwarding unit.