Today’s Market Winners and Losers

Here are Monday’s market winners and loser.

Biggest Winners

Shares of Hudson City Bancorp Inc. (NASDAQ: HCBK) are up 16.18% to $7.48 on trading volume of 20.9 million shares. M&T Bank Corp. (NYSE: MTB) is buying Hudson City for approximately $3.7 billion. The 52-week high is $7.62.

Shares of Hertz Global Holdings Inc. (NYSE: HTZ) are up 12.55% to $14.80 on trading volume of 15.3 million shares. The rental car company is buying competitor Dollar Thrifty Automotive Group Inc. (NYSE: DTG) for $2.6 billion in cash. The 52-week high is $16.64.

Shares of Nokia Corp. (NYSE: NOK) are up 7.47% to $3.31 on trading volume of 32.7 million shares. Investors believe that Nokia will benefit from Apple Inc.’s (NASDAQ: AAPL) patent victory over Samsung Electronics Co. Ltd. (005930.KS), which was announced Friday. The 52-week high is $7.38.

Biggest Loser

Shares of Idenix Pharmaceuticals Inc. (NASDAQ: IDIX) are down 6.11% to $5.64 on trading volume of 2.9 million shares. The Food and Drug Administration has put the company’s hepatitis C drug on hold, according to news reports. The 52-week low is $4.30.

Samuel Weigley

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