Bristol-Myers, Pandora, TripAdvisor are big movers

AP News
Posted: Jun 03, 2013 5:39 PM

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:


Bristol-Myers Squibb Co., up $1.58 at $47.59

The drugmaker reported positive results for a drug that may be used to treat advanced cases of melanoma, a type of skin cancer.

Colonial Properties Trust, up $1.26 at $23.37

Real estate investment trust Mid-America Apartment Communities is buying its peer, Colonial Properties, in an all-stock deal.

Pandora Media Inc., down $1.80 at $15.22

The New York Times reported that Apple Inc. is closer to launching a competing Internet radio service after signing a deal with Warner Music Group.

Koppers Holdings Inc., down 85 cents at $40.32

A Jefferies analyst downgraded shares of the company, which produces carbon compounds and wood treatment products, to a "Hold" from "Buy."


Cracker Barrel Old Country Store Inc., up $5.82 at $95.28

The restaurant operator said that its fiscal third-quarter profit rose 30 percent as higher prices on its menus helped lift sales.

TripAdvisor Inc., down $2.43 at $62.06

A Stifel Nicolaus analyst downgraded the online travel review company's shares to "Hold" from "Buy" citing a jump in its stock price.

Clovis Oncology Inc., up $38.01 at $74.59

The drugmaker company reported promising results from an early study of its drug rucaparib for patients with ovarian cancer.

Healthways Inc., up $1.41 at $14.86

Piper Jaffray analysts upgraded the specialty health care company's stock to "Overweight" saying it may be a leader in its industry.