O'Reilly Slumps, AMC Declines, Broadcom Gains
Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:
- Shares of O’Reilly Automotive (ORLY) extend Thursday’s decline, dropping 7.0% to the lowest level since January 2025 after last week’s report that the firm has expressed interest in acquiring Genuine Parts Co.’s auto-parts segment.
- AMC Entertainment Holdings (AMC) stock is trading lower on Monday due to persistent investor concerns over equity dilution and long-term financial stability. The company recently closed a registered direct offering of 95,250,000 shares of common stock, raising gross proceeds of approximately $200 million.
- Broadcom (AVGO) shares are up 3.9% on Monday, after the chipmaker agreed to develop and supply a range of custom ASIC silicon products for use in multiple generations of Apple products. The pact is extended to 2031.
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