HP, Lamb Weston rise; JD.com, AvalonBay fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:

HP Inc., up $5.15 to $40.06.

Warren Buffett’s Berkshire Hathaway disclosed a $4.2 billion stake in the personal computer and printer maker.

Costco Wholesale Corp., up $23.30 to $608.09.

The warehouse club operator reported encouraging sales gains during March.

JD.com Inc., down $1.98 to $57.09.

The Chinese e-commerce company’s founder Richard Liu has left his position as CEO.

Lamb Weston Holdings Inc., up $4.82 to $65.26

The frozen foods supplier reported strong fiscal third-quarter earnings.

AvalonBay Communities Inc., down $5.61 to $249.34.

Investors were disappointed with the apartment building owner’s pricing of a public stock offering of 2 million shares.

CDK Global Inc., up $5.50 to $54.49.

Brookfield Business Partners is buying the technology and marketing services provider for about $8.3 billion.

Capital One Financial Corp., up 3 cents to $129.31.

The bank’s board approved an additional $5 billion in stock buybacks.

Pfizer Inc., up $2.29 to $55.16.

The drug and vaccine developer is buying biopharmaceutical company ReViral for up to $525 million.

Copyright © 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Related Categories:

Business & Finance

Like WTOP on Facebook and follow WTOP on Twitter and Instagram to engage in conversation about this article and others.

Get breaking news and daily headlines delivered to your email inbox by signing up here.

© 2022 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.

More from WTOP

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

Sign up