American Express, Ciena fall; Cornerstone, Exxon Mobil rise

March 7, 2022 GMT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:

Cornerstone Building Brands Inc., up $2.79 to $24.10.

The construction materials supplier is being bought affiliates of Clayton, Dubilier & Rice for about $5.8 billion.

Bed Bath & Beyond Inc., up $5.53 to $21.71.

Billionaire Ryan Cohen’s investment firm has taken a large stake in the home goods retailer and is recommending a sale.

Alpha Metallurgical Resources Inc., up 49 cents to $116.64.

The mining company’s fourth-quarter profit and revenue beat Wall Street forecasts.

Occidental Petroleum Corp., down 77 cents to $55.38.

Carl Icahn has reportedly sold his remaining stake in the energy company.

Ciena Corp., down $7.18 to $58.76.

The developer of high-speed networking technology reported weak fiscal first-quarter revenue.

American Express Co., down $13.82 to $159.13.

Major credit card issuers suspended their operations in Russia.

Exxon Mobil Corp., up $3.03 to $87.12.

Oil prices continued to rise amid Russia’s war on Ukraine.

Freeport McMoRan Inc., down $2.96 to $47.15. Copper prices fell and weighed down the mining company’s stock.