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Tesla, Archer Aviation rise; Eli Lilly falls, Tuesday, 7/2/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday:
Paramount Global, up 58 cents to $10.72.
Digital-media conglomerate IAC is reportedly considering a bid to take control of the owner of CBS and Paramount Studio.
Eli Lilly and Co., down $7.66 to $906.71.
President Joe Biden called on pharmaceutical companies to lower diabetes and weight-loss drug prices.
Tesla Inc., up $21.40 to $231.26.
The electric vehicle maker's second-quarter deliveries beat analysts' forecasts.
Archer Aviation Inc., up 30 cents to $3.72.
The maker of electric vertical take-off and landing aircraft received a $55 million investment from Stellantis.
Moderna Inc., up $1.12 to $117.07.
The U.S. will pay the vaccine maker $176 million to develop an mRNA-based pandemic flu vaccine.
Tyler Technologies Inc.. up $9.48 to $509.
The software company signed an agreement with the Arizona Supreme Court for wider use of its technology.
Southern Copper Corp., up $1.30 to $109.94.
The copper producer rose along with prices for the base metal.
MSC Industrial Direct Co., up $1.79 to $80.02.
The distributor of industrial tools and supplies' delivered third-quarter earnings in line with its preannouncement.
