Stock Market Update
18-Nov-24 14:30 ET
S&P 500 in second place, Henry Schein pops on activist chatter
Dow -102.13
at 43342.86,
Nasdaq +71.40
at 18751.54,
S&P +16.13
at 5886.76
[BRIEFING.COM] The S&P 500 (+0.27%) is in second place on Monday afternoon.
Elsewhere, S&P 500 constituents Henry Schein (HSIC 72.82, +4.06, +5.90%), Walgreens Boots Alliance (WBA 8.67, +0.44, +5.35%), and Moderna (MRNA 38.66, +1.81, +4.91%) pepper the top of the standings. HSIC moved higher after a Reuters story suggested activist investor Ananym Capital was pushing to overhaul the company's Board, cut costs, and consider sale of its medical distribution unit, while MRNA caught a premarket upgrade at HSBC to Hold.
Meanwhile, recent spin-off Amentum Holdings (AMTM 22.91, -2.29, -9.09%) is continuing its fall to (albeit brief) all-time lows.
