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Macy's, SolarEdge rise; Archer Daniels Midland, Sunoco fall, Monday, 1/22/2024

Stocks that traded heavily or had substantial price changes on Monday:

Archer Daniels Midland Co., down $16.50 to $51.69.

An accounting investigation is under way at the agribusiness giant and its top financial executive has been placed on administrative leave.

Macy's Inc., up 63 cents to $18.26.

The department store operator rejected a buyout offer from Arkhouse Management.

SolarEdge Technologies Inc., up $2.74 to $71.85.

The photovoltaic products maker is cutting 16% of its global workforce.

Sunoco LP, down $2.72 to $56.74.

The Dallas-based chain of over 5,000 gas stations is buying pipeline operator NuStar Energy.

Zscaler Inc., up $9.56 to $240.85.

The cloud-based information security provider is reportedly in talks to buy Avalor.

Natera Inc., up 5 cents to $66.68.

The genetic testing company is buying prenatal screening and other reproductive health assets from Invitae.

Gilead Sciences Inc., down $8.86 to $78.43.

The biopharmaceutical company gave investors a discouraging update on a potential lung cancer treatment.

Northwest Bancshares Inc., up 58 cents to $12.70.

The owner of Pennsylvania-based Northwest Savings Bank reported encouraging fourth-quarter results.