Qualcomm, Meta Platforms rise; J.M. Smucker, RTX fall, Monday, 9/11/2023

NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Monday:

Meta Platforms Inc., up $9.67 to $307.56.

The owner of Facebook and Instagram is reportedly developing a new artificial intelligence system.

RTX Corp., down $6.58 to $76.90.

The maker of aircraft engines warned that a problem with a Pratt & Whitney engine hurt revenue and profits.

J.M. Smucker Co., down $9.92 to $131.66.

The jam and peanut butter maker is buying Twinkies owner Hostess Brands.

Alibaba Group Holdings Ltd., down $1.34 to $88.71.

Daniel Zhang, the former CEO of the large Chinese e-commerce company, resigned as head of its cloud computing unit.

FuelCell Energy Inc., down 5 cents to $1.39.

The fuel cell power plant maker’s fiscal third-quarter revenue fell short of analysts’ forecasts.

Carlisle Cos. Inc., up $27.01 to $278.37.

The construction materials company reportedly rejected an offer from Kingspan Group.

Freeport-McMoRan Inc., up 82 cents to $40.11.

The copper miner gained ground along with rising prices for the base metal.

Qualcomm Inc., up $4.14 to $110.28.

The chipmaker announced a deal to supply Apple with 5G modem systems for smartphones.

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