Solera, Apple, Raptor, Collegium and Fiat are big market movers
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Solera Holdings Inc., down $4.21 to $53.66
The insurance claims software company is being acquired by private equity firm Vista Equity Partners for about $3.74 billion.
Cantel Medical Corp., down 15 cents to $50.86
The medical and surgical products company is buying medical device company Medical Innovations Group for $79.5 million in cash.
Fiat Chrysler Automobiles NV, down 24 cents to $14.33
The United Auto Workers union chose the auto maker as its target company in ongoing contract negotiations with automakers.
Alibaba Group Holding Ltd, down $2.03 to $62.60
The Barron's published a bearish report saying the Chinese e-commerce company is facing increasing competition and uncertainty in the Chinese economy.
Nasdaq
Apple Inc., up $1.10 to $115.31
The technology company said preorders for its latest iPhone models are strong and that it expects to sell more than 10 million in the first weekend.
Raptor Pharmaceuticals Corp., down $4.51 to $7.52
The drug developer's potential liver disease drug failed to meet key goals in a pivotal study and it could end development.
Collegium Pharmaceutical Inc., up $5.31 to $18.76
The drug developer's abuse-resistant pain drug was recommended for approval by a Food and Drug Administration advisory panel.
Qualcomm Inc., down 35 cents to $54.31
The digital communications company is buying medical data management company Capsule Technologie for an undisclosed amount.