Midday movers: Catalent, Newmont, Dell Technologies and more
- Wall Street ends volatile week higher as Fed officials ease bank fears
- Deutsche Bank shares plunge after spike in credit default swaps
- 6-week inflows to bonds? Biggest ever; 7-day inflows to cash? $142.9 billion; Policy panic now 'inevitable' - BofA's Hartnett
- World stocks gyrate as bank contagion fears bite
- Activision (ATVI) gains 5% as UK's CMA narrows concerns scope in Microsoft (MSFT) deal
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By Liz Moyer
Investing.com -- Stocks were falling on Monday as investors feared a strong jobs report would encourage the Federal Reserve to continue raising interest rates. Here are the midday movers for Feb. 6.
- Catalent Inc (NYSE: CTLT) shares were nearly 20% higher after a report that sciences firm Danaher was interested in making a bid for the contract drug maker. Danaher Corporation (NYSE: DHR) stock fell 2%.
- Newmont Corp (NYSE: NEM) shares fell 4.8% after it bid $17 billion for Australian gold mining firm Newcrest. Shares of Newcrest Mining (OTC: NCMGF) were trading up 12.6%.
Dell Technologies Inc (NYSE: DELL) shares fell 3.7% after the tech company said it would cut 5% of its jobs amid a global slowdown in PC demand.
- Tyson Foods Inc (NYSE: TSN) stock fell 4.7% after the chicken and meat producer reported worse-than-expected earnings and missed estimates as higher food prices force householders to cut back on meat consumption.
Energizer Holdings Inc (NYSE: ENR) stock fell 6.7% after the battery maker said sales fell from the same period last year and it missed expectations for its most recent quarter.
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