By Liz Moyer
Investing.com -- Stocks were falling on Monday as investors feared a strong jobs report would encourage the Federal Reserve to continue raising interest rates. Here are the midday movers for Feb. 6.
- Catalent Inc (NYSE:CTLT) shares were nearly 20% higher after a report that sciences firm Danaher was interested in making a bid for the contract drug maker. Danaher Corporation (NYSE:DHR) stock fell 2%.
- Newmont Corp (NYSE:NEM) shares fell 4.8% after it bid $17 billion for Australian gold mining firm Newcrest. Shares of Newcrest Mining (OTC:NCMGF) were trading up 12.6%.
Dell Technologies Inc (NYSE:DELL) shares fell 3.7% after the tech company said it would cut 5% of its jobs amid a global slowdown in PC demand.
- Tyson Foods Inc (NYSE:TSN) stock fell 4.7% after the chicken and meat producer reported worse-than-expected earnings and missed estimates as higher food prices force householders to cut back on meat consumption.
Energizer Holdings Inc (NYSE:ENR) stock fell 6.7% after the battery maker said sales fell from the same period last year and it missed expectations for its most recent quarter.