Kraton, Hess rise; Apple, Moderna fall


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

    Acceleron Pharma Inc., up $11.22 to $178.87.

    The biotechnology company is reportedly a buyout target.

    Carnival Corp., up 94 cents to $26.38.

    The cruise line operator’s Princess Cruises restarted cruises from the Port of Los Angeles since pausing operations last year.

    Kraton Corp., up $3.89 to $45.41.

    DL Holdings is buying the specialty chemicals company.

    Citigroup Inc., up $1.08 to $72.26.

    Bond yields continued rising, which allows banks to charge higher interest rates on loans.

    Hess Corp., up $3.78 to $79.12

    Rising oil prices supported gains for energy stocks.

    MGM Resorts International, up 47 cents to $45.09.

    The casino operator is buying The Cosmopolitan of Las Vegas from Blackstone for just under $1.63 billion.

    Apple Inc., down $1.55 to $145.37.

    The tech company and others reportedly face more supply chain risks because of production halts in China.

    Moderna Inc., down $21.30 to $408.84.

    The biotechnology company’s COVID-19 vaccine rival, Pfizer, is reportedly close to submitting data for use of its vaccine in children to the Food and Drug Administration.



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