Apple, Jefferies rise; Bank of America, Lennox fall

Stocks that traded heavily or had substantial price changes Wednesday:

Bank of America Corp., down $1 to $38.36.

The bank’s revenue fell short of Wall Street forecasts.

American Airlines Group Inc., up 60 cents to $20.62.

The airline gave investors an encouraging financial update.

Compass Minerals International Inc., up $7.97 to $68.43.

The minerals producer announced that it found a solid source of lithium at its Ogden, Utah solar evaporation site.

Jefferies Financial Group Inc., up $1.72 to $33.64.

Japan’s Sumitomo Mitsui Financial Group will purchase up to a 4.9% stake in the investment banking and capital markets company.

Lennox International Inc. down $25.76 to $310.41.

The heating, ventilation and air conditioning products company said CEO Todd Bluedorn will resign next year.

Marathon Oil Corp., down 60 cents to $12.52.

Oil prices edged lower and weighed on energy company stocks.

Infosys Ltd., up 34 cents to $21.39.

The business consulting services provider reported solid fiscal first-quarter profits and encouraging revenue.

Apple Inc., up $3.51 to $149.15.

The technology company is reportedly looking to increase production of its iPhone next year.

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up