Here are some of the bigger and more-active stocks for Monday:
Teck Resources Ltd.‘s stock TECK, +17.67% is up nearly 11% in premarket trading after the Vancouver-based mining company said it rejected an unsolicited buyout offer from Glencore PLC GLEN, -1.33%. Teck is urging shareholders to instead approve an already-announced separation plan of Teck Metals and Elk Valley Resources (EVR) at an April 26 meeting.
Shares of Endeavor Group Holdings Inc. EDR, -0.59% are up 6% after the parent of the mixed martial-arts organization UFC said it has agreed to combine with World Wrestling Entertainment WWE, -4.67% to form a new, publicly listed company, with a combined enterprise value of $21.4 billion. WWE shares are down over 4%.
Stock in Ovintiv Inc. OVV, +8.62% is up over 5% after the hydrocarbon exploration and production company said it would buy assets from a trio of companies for about $4.275 billion in cash and stock.
Life Storage Inc. LSI, +2.87% shares are up over 4% after the real-estate investment trust said rival Extra Space Storage Inc. EXR, -5.79% has agreed to take it over in an all-stock deal that will create an entity with an enterprise value of $47 billion. Extra Space shares are down 2%.
PPG Industries Inc. PPG, +4.75% shares are up nearly 3% after the global supplier of paints, coatings and specialty materials raised its first-quarter adjusted estimate to above Wall Street forecasts.
Shares of Stratasys Ltd. SSYS, -3.87% fell 7% after the 3D-printing company said that it’s board of directors had unanimously rejected an unsolicited takeout offer from Nano Dimension last week.
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Tesla Inc. TSLA, -5.01% stock is down 2% in premarket trading after the electric-vehicle maker said it delivered 422,875 vehicles in the first quarter, which was shy of the 432,000 analysts had predicted.