Stocks that were heavily traded or changed significantly on Wednesday: Dollar Tree, Cintas gain; Worthington, Jabil Falls
NEW YORK – Stocks that were heavily traded or changed significantly on Wednesday:
Micron Technology Inc., down $1.46 to $71.64.
The chipmaker gave investors disappointing profit and revenue forecasts.
Asbury Automotive Group Inc., from $4.42 to $203.24.
Car dealer Larry H. Miller is buying dealerships and Total Care Auto.
Dollar Tree Inc., from $14.23 to $100.51.
The discount retailer just increased its stock buyback program to $2.5 billion.
Worthington Industries Inc., down $1.45 to $54.24.
The metal maker warned investors about labor challenges and low automotive demand due to ongoing chip shortages.
Jabil Inc., from $3.71 to $57.23.
The electronics maker’s fiscal fourth-quarter revenue fell short of Wall Street’s forecasts.
APA Corp., fell 42 cents to $21.27.
The oil and natural gas producer gave investors a disappointing update on valuation drilling at an offshore well near Suriname.
Cintas Corp., from $3.19 to $389.26.
Uniform Rental Company reported strong fiscal first quarter financial results.
Newmont Corp., down 87 cents at $53.71.
Gold prices fell and metal miners weighed in.