Blackbaud, Acuity Brands rise; AXT, KalVista fall

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

Blackbaud Inc., up $8.12 to $53.13.

Clearlake Capital disclosed an 18.4% stake in the software and services provider focused on the nonprofit sector.

Poshmark Inc., up $2.04 to $17.61.

The online marketplace for second-hand goods is being bought by Naver.

AXT Inc., down $1.48 to $5.53.

The semiconductor materials supplier gave investors a disappointing financial update.

KalVista Pharmaceuticals Inc., down $8.39 to $5.85.

The drug developer unexpectedly ended a study for a treatment aimed at a rare disorder, hereditary angioedema.

Ginkgo Bioworks Holdings Inc., up 38 cents to $3.52.

The biotechnology company announced several company buyouts, including Altar and Circularis.

FedEx Corp., up $7.66 to $159.12.

The package delivery service announced an accelerated plan to buy back $1.5 billion of its stock from Morgan Stanley.

Vir Biotechnology Inc., up $1.53 to $21.49.

The developer of infectious disease treatments won a contract with the the U.S. government for flu prevention and other diseases.

Acuity Brands Inc., up $7.85 to $167.50.

The lighting maker reported encouraging fiscal fourth-quarter earnings and revenue.

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 This material may not be published, broadcast, written or redistributed.

Related Categories:

Business & Finance | Latest News

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