Stocks that traded heavily or changed prices significantly on Tuesday: Best Buy, Medtronic decline; Dollar Tree, Dicom Uday
Stocks that traded heavily or had significant price changes on Tuesday:
Best Buy Company, down from $16.99 to $121.01.
The consumer electronic chain’s gross profit margin tightened during the third quarter.
Dycom Industries Inc., from $16.41 to $99.91.
The specialty contract services provider reported strong third quarter profit and revenue.
Dollar Tree Inc., from $12.15 to $144.71.
The discount retailer gave investors encouraging third-quarter earnings reports and financial forecasts.
JM Smucker Co., from $7.19 to $133.63.
Burlington Stores Inc., from $22.55 to $285.55.
The discount retailer’s third-quarter financial results beat Wall Street’s forecasts.
Valero Energy Corp., from $1.90 to $72.55.
Energy companies benefited from rising oil and petrol prices.
Abercrombie & Fitch Co., down from $5.92 to $41.12.
The teen clothing retailer faces supply chain problems and high costs.
Medtronic plc, down from $3.51 to $113.38.
The medical device company’s fiscal second-quarter revenue fell short of Wall Street’s forecasts.