Canada Goose, Tahoe rise; Macy’s, Blue Apron fall

NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:

PG&E Corp., down $7.13 to $25.59

People who lost their homes in California’s deadliest and most destructive wildfire sued the utility for negligence and blamed it for the fire.

Tahoe Resources Inc., up $1.07 to $3.27

The company is being acquired by Pan American Silver Corp. in a stock-and-cash deal valued at more than $1 billion.

Snap Inc., down 23 cents to $6.48

The company behind Snapchat received federal subpoenas related to a class-action lawsuit stemming from its 2017 initial public offering.

Macy’s Inc., down $2.57 to $33.22

Investors are concerned that the department store chain may have difficulty keeping up its streak of sales gains.

Canada Goose Holdings Inc., up $5.87 to $64.45

The high-end coat maker reported earnings and revenue that beat analysts’ forecasts.

Blue Apron Holdings Inc., down 5 cents to $1.17

The meal-kit seller reported revenue that came up short of forecasts and announced a restructuring. Inc., down $1.96 to $89.35

The cloud-based web development company sank despite reporting earnings that beat analysts’ estimates.

Cimarex Energy Co., up $2.19 to $86.57

Energy stocks rebounded as crude oil prices snapped a 12-day losing streak.

Copyright © 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

More from:

Business & Finance

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up