Michaels, DISH Network Rise; B&G Foods, Wendy's Fall
Michaels, DISH Network Rise; B&G Foods, Wendy's Fall
Stocks that traded heavily or had substantial price changes Wednesday:

NEW YORK: Stocks that traded heavily or had substantial price changes Wednesday:

Ross Stores Inc., down $6.59 to $111.05.

The discount retailer gave investors a weak profit forecast after reporting disappointing fourth-quarter earnings.

fuboTV Inc., down $7.75 to $34.14.

The streaming television service reported a bigger fourth-quarter loss than analysts expected.

Ambarella Inc., down 38 cents to $113.33.

The video-compression chipmaker gave investors an encouraging sales forecast, but was weighed down by the broader slide in technology stocks.

Box Inc., down 8 cents to $18.67.

The online data storage provider reported strong fourth-quarter financial results, but slipped along with the broader technology sector.

DISH Network Corp., up 55 cents to $33.64.

The satellite television provider signed a deal to give subscribers access to DraftKings’ app to view betting odds.

Michaels Companies Inc., up $4 to $22.02.

Hedge fund Apollo Global Management is buying the Texas-based arts and crafts supplies chain.

B&G Foods Inc., down $2.19 to $28.21.

The owner of Green Giant, Crisco and other brands’ fourth-quarter profit and revenue fell short of Wall Street forecasts.

Wendys Co., down $1.18 to $20.12.

The hamburger chain’s fourth-quarter profit and revenue missed analysts’ forecasts.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Read all the Latest News, Breaking News and Coronavirus News here

Original news source

What's your reaction?

Comments

https://ugara.net/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!