Wayfair, Ross Stores fall; General Motors, Foot Locker rise

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

Ross Stores Inc., down 99 cents to $91.01.

The discount retailer lowered its profit forecast for the year as inflation crimps consumer spending.

Bed Bath & Beyond Inc., down $7.52 to $11.03.

Activist investor Ryan Cohen confirmed that he no longer owns any shares or options related to the home goods retailer.

AMC Entertainment Holdings Inc., down $1.27 to $18.02.

The chain of 950 movie theaters reaffirmed expectations for a weak slate of films during the third quarter.

General Motors Co., up 98 cents to $39.70.

The automaker reinstated its dividend.

Foot Locker Inc., up $6.41 to $38.39.

The athletic apparel and footwear company reported strong financial results and named a replacement for its retiring CEO.

Bill.com Holdings Inc., up $24.89 to $174.29.

The payment processing software company gave investors an encouraging earnings forecast for the year.

Madison Square Garden Entertainment Entertainment Corp., up $2.21 to $64.91.

The owner of Radio City Music Hall is considering separating its live entertainment business from its MSG Networks cable channel.

Wayfair Inc. down $14.33 to $57.01.

The furniture retailer is cutting about 870 employees, or 5% of its global workforce.

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 This material may not be published, broadcast, written or redistributed.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