CVS Health, Lululemon rise; Vista Outdoor, Henry Schein fall, Monday, 10/16/2023

Stocks that are trading heavily or have substantial price changes on Monday: CVS Health, Lululemon rise; Vista Outdoor, Henry Schein fall.

Investment firm Starboard Value is reportedly going to push for changes at the parent company of the Wall Street Journal.The athletic apparel company will replace Activision Blizzard in the S&P 500 index.The drugstore operator gained ground as rival Rite Aid filed for Chapter 11 bankruptcy.

The firearms manufacturer gave investors a disappointing financial update and is selling its sporting products business.Elliott Management is reportedly considering buying the supply chain management software company.The specialty chemicals company withdrew its buyout proposal for Liontown Resources.The broker and financial advisory beat analysts’ third-quarter earnings forecasts.The health care products maker disclosed a cybersecurity incident that disrupted some business operations.

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