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Walmart, Canada Goose rise; Deere, Freeport-McMoRan fall, Thursday, 5/16/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday:
Walmart Inc., up $4.18 to $64.01.
The retailer's first-quarter financial results beat analysts' forecasts.
Deere & Co., down $19.59 to $394.43.
The agricultural equipment maker trimmed its profit forecast for the year.
Under Armour Inc., down 9 cents to $6.71.
The sports apparel company gave investors a warning about weaker demand from wholesalers hurting revenue.
AST SpaceMobile Inc., up $1.64 to $4.03.
The satellite maker announced a deal with AT&T to provide a space-based broadband network directly to cell phones.
Canada Goose Holdings Inc., up $1.77 to $13.19.
The high-end coat maker beat analysts' fiscal fourth-quarter earnings and revenue forecasts.
Freeport-McMoRan Inc., down $1.57 to $52.04.
The copper miner fell along with prices for the metal.
Chubb Ltd., up $11.91 to $264.88.
Warren Buffett’s Berkshire Hathaway disclosed it had built an ownership stake in the insurer.
Corebridge Financial, up $2.35 to $32.51.
AIG is selling a 20% stake in the financial services company to Nippon Life.
