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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Eli Lilly and Co | NYSE:LLY | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-13.91 | -1.84% | 742.00 | 2,074 | 09:53:37 |
By Justina Vasquez
Among the companies with shares expected to trade actively in Monday's session are WebMD Health Corp. (WBMD), Hasbro Inc. (HAS) and Nektar Therapeutics (NKTR).
KKR & Co. has reached a deal to buy WebMD for $2.8 billion, after running an auction and publicly putting itself in play earlier this year. WebMD's shares rose 20% to $66.10 in premarket trading.
Hasbro earnings were in line with expectations, but were shadowed by the company's overvaluation, leaving little room for top line improvement. Shares fell nearly 5% to $66.10 ahead of market-open.
Nektar Therapeutics shares rose on news of a drug-development deal with Eli Lilly & Co. (LLY) worth $150 million. Shares are up 5.67% to $23.50 premarket.
Hibbett Sports (HIBB) is entering the e-commerce business, despite being up against strong sporting-goods competition in the revenue channel, including a recently Nike Inc. (NKE) deal with Amazon.com Inc.(AMZN) Hibbett also said it expects to swing to a second-quarter loss and reported a 10% decline in same-store sales. Shares fell 21% to $15.55 before market-open.
Write to Justina Vasquez at justina.vasquez@wsj.com
(END) Dow Jones Newswires
July 24, 2017 09:42 ET (13:42 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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