A worker wearing a protective mask fulfills an online order at a Stew Leonard supermarket in Paramus, New Jersey on Tuesday, May 12, 2020. Stew Leonard Jr. said the meat packing facility the company uses is about 70% busy and expects it to return to full capacity in about a month, the CT Post reported.
Angus Mordant | Bloomberg | Getty Images
Check out the stocks moving after Monday’s bell:
Sanderson Farms – The chicken producer’s shares rose nearly 10% after a report said the company is considering a sale. Sanderson is the third largest chicken producer in the United States and has a market value of $ 3.5 billion.
Globalstar – The satellite communications company’s stock fell 1.3% after rising 17% during regular trading. Earlier in the day, B. Riley began reporting Globalstar with a Buy rating, saying that it has “gone through the risky part of its history and is now ready to make returns”.
Pilgrim’s Pride – Pilgrim’s Pride stocks rose approximately 1%. The company reached an agreement on Thursday to purchase the Irish meat and meal business from Kerry Consumer Foods.
Diamondback Energy – The oil company has risen slightly after the bell as it looks to build on its strong earnings this year. Since the start of the year, Diamondback Energy is up 89.1%, ending the regular session on Monday by more than 6%. The steps come as the S&P 500 energy sector hits its best year in three decades.
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