AveXis and Western Digital jump; Campbell Soup falls

MarketsAssociated Press

Stocks that moved substantially or traded heavily Monday:

AveXis Inc., up $94.55 to $210.46

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The gene therapy company agreed to be bought by Novartis for $8.7 billion.

Western Digital Corp., up 79 cents to $88.56

Technology companies climbed Monday as investors took a more optimistic view of the U.S.-China trade dispute.

Bristol-Myers Squibb Co., down 40 cents to $60.48

Rival Merck reported good clinical trial results for Keytruda, a cancer drug that competes with Bristol-Myers' drug Opdivo.

Leucadia National Corp., up $2.52 to $24.29

The investment bank said will sell part of its investment in National Beef and change its name to Jefferies Financial.

Deutsche Bank, up 14 cents to $14.01

The bank said John Cryan will step down as CEO and longtime executive Christian Sewing will replace him.

Campbell Soup Co., down 47 cents to $43.26

With most other stocks rising again, more defensive and high dividend companies lagged the rest of the market.

Century Aluminum Co., up $2.03 to $18.82

U.S. aluminum companies rose after the government placed sanctions on Russian aluminum company Rusal.

Franklin Street Properties Corp., down 64 cents to $7.61

The real estate investment trust halved its dividend as it shifts its portfolio into urban properties and away from suburban ones.