Coty and Electronic Arts surge while Molson Coors dips

NEW YORK — Stocks that moved substantially or traded heavily on Tuesday:Gilead Sciences Inc., down $2.22 to $65.40A potential liver disease under development by the biotechnology company failed to meet its treatment goal in a key study.Electronic Arts Inc., up $5.09 to $102.33The video game maker’s “Apex Legends” attracted more than 25 million registered users in the week since its release.Ellie Mae Inc., up $17.03 to $98.95The mortgage software company is being bought by private-equity firm Thoma Bravo for $37 billion.Coty Inc., up $1.21 to $10.87Investment firm JAB is seeking a majority stake in the beauty products maker by buying shares from existing stockholders.Under Armour Inc., up $1.43 to $22.21The active-wear company reported stronger-than-expected fourth-quarter results and confirmed its outlook for the year.Molson Coors Brewing Co., down $6.17 to $59.19The brewer’s sales fell short of forecasts and it will restate results from 2016 and 2017 because of accounting errors.RingCentral Inc., up $6.04 to $105.91The cloud-based phone system provider reported a boost in revenue and profit for the fourth quarter, beating forecasts.Varonis Systems Inc., down $8.73 to $55.23The software company beat fourth-quarter forecasts, but gave weak guidance for the year.The Associated Press

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