Synchrony Financial, Wells Fargo and Navistar slip

AP News
|
Posted: Jun 14, 2016 4:18 PM

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday:

Synchrony Financial (SYF), down $4 to $26.44

The country's largest issuer and manager of retail store brand credit cards said more of its customers were falling behind on payments.

Wells Fargo & Co. (WFC), down $1.10 to $46.87

Banks traded lower as bond yields continued to drop, which took interest rates lower.

Motorcar Parts of America Inc. (MPAA), up $2.79 to $30.53

The auto parts maker jumped after it reported its fiscal fourth-quarter results.

Revance Therapeutics Inc. (RVNC), down $5.14 to $13.21

The company ended development of a gel intended to treat crow's feet and will concentrate on injectable form of the drug.

Navistar International Corp. (NAV), down $1.68 to $11.47

An analyst downgraded the truck and engine maker's stock and said its results will disappoint investors in 2017 and 2018.

KemPharm Inc. (KMPH), down $1.55 to $4.74

The company said regulators did not approve its acute pain drug Apadaz.

Mesoblast Ltd. (MESO), down $2.87 to $4.20

The company announced the end of a deal with Teva Pharmaceutical, its partner on a heart failure drug.

ImmunoGen Inc. (IMGN), down $1.46 to $3.49

The biotech drugmaker said it wants to sell $100 million in senior notes due in 2021.