NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Best Buy Co., up $1.24 at $22.20
A weekend report said the electronics retailer’s founder and former chairman is close to presenting a buyout offer to its board.
MEMC Electronic Materials Inc., up 47 cents at $2.64
An analyst said a sale of the solar energy company’s four European solar projects will allow it to focus on stronger parts of its business.
Forest Oil Corp., down 38 cents at $6.95
A Stifel Nicolaus analyst raised doubts on the natural gas and oil producer’s ability to turn itself around amid falling commodity prices.
Nasdaq
Amylin Pharmaceuticals Inc., up $2.50 at $30.71
Drug maker Bristol-Myers Squibb Co. is buying the diabetes treatment developer for $31 per share, or $5.3 billion.
Micron Technology Inc., up 24 cents at $6.55
Memory-chip maker Micron Technology Inc. is buying its Japanese rival out of bankruptcy protection for $750 million plus future payments.
Lincare Holdings Inc., up $7.32 at $41.34
Germany’s Linde AG, a maker of industrial gases, is buying the home care company for $4.6 billion to expand its health care business.
Groupon Inc., down $1.12 at $9.51
A Susquehanna analyst lowered his target price on the stock to reflect higher marketing expenses over the next few quarters.
Brightpoint Inc., up $3.60 at $9.01
Technology products distributor Ingram Micro Inc. is buying the mobile services provider for $650 million, a 66 percent premium.
