Hasbro and Hibbett sink as WebMD and Nektar climb

AP News
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Posted: Jul 24, 2017 5:01 PM

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

WebMD Health Corp., up $10.91 to $66.10

The health information website agreed to be bought by KKR for $66.50 a share, or $2.8 billion.

Hibbett Sports Inc., down $6.60 to $13.10

The sporting goods retailer forecast a big drop in sales at older stores and said profit margins are weakening.

Hasbro Inc., down $10.95 to $105

The toy company disclosed disappointing sales as its business in the U.K. and Brazil struggled.

Illinois Tool Works Inc., down $5.31 to $141.98

The equipment maker reported weaker-than-expected sales and its profit fell short of analyst estimates.

NeuroDerm Ltd., up $5.15 to $38.35

The drug and medical device developer agreed to be bought by Mitsubishi Tanabe for $1.1 billion, or $39 a share.

Nektar Therapeutics, up 71 cents to $22.95

The drug company said it got an $150 million upfront from a partnership with Eli Lilly on treatments for inflammatory diseases.

KeyCorp., up 28 cents to $18.30

Banks did better than the rest of the market on Monday.

Cal-Maine Foods Inc., down $2.25 to $34.85

The egg producer took a bigger loss than analysts expected in its fiscal fourth quarter.

Scientific Games Corp., up $7.30 to $34.15

The instant-win lottery ticket maker took a smaller loss on greater revenue than analysts anticipated.