Intel, KB Home rise; Big Lots, Urban Outfitters fall

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

Target Corp., down $2.28 to $196.82.

The retailer said its online sales doubled over the holidays.

Ally Financial Inc., up $1.19 to $39.56.

The Detroit-based financial institution announced a $1.6 billion stock buyback program.

Bausch Health Companies Inc., up $2.33 to $25.80.

The pharmaceutical company said revenue was strong in the fourth quarter.

KB Home, up 86 cents to $35.01.

The home builder beat Wall Street’s fourth-quarter profit and revenue forecasts.

Urban Outfitters Inc., down $1.57 to $28.74.

The fashion retailer said its holiday sales were disappointing.

Big Lots Inc., down 62 cents to $48.19.

The discount store chain gave investors a weak fourth-quarter earnings forecast.

Intel Corp., up $3.71 to $56.95.

The chipmaker said Pat Gelsinger will replace Bob Swan as CEO on Feb. 15.

El Pollo Loco Holdings Inc., down $1.45 to $18.69.

The restaurant chain warned investors that the virus pandemic hurt its fourth-quarter revenue.

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 This material may not be published, broadcast, written or redistributed.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