Target, Advance Auto Parts fall; Lowe’s, ImmunoGen rise

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

Target Corp., down $23.51 to $155.47.

The retailer reported an unexpectedly big drop in third-quarter profit as customers curtailed spending ahead of the holiday shopping season.

Lowe’s Companies Inc., up $6.29 to $215.13.

The home-improvement retailer reported strong third-quarter financial results.

Advance Auto Parts Inc., down $27.70 to $156.24.

The auto parts retailer’s third-quarter earnings and revenue fell short of analysts’ forecasts.

Nike Inc., down $1.48 to $105.23.

The athletic apparel maker boosted its dividend by 11%.

Restaurant Brands International Inc., up $4.01 to $63.75.

The operator of Burger King and Tim Hortons restaurant chains named Patrick Doyle as executive chairman.

Carnival Corp., down $1.53 to $9.63.

The cruise line operator announced a private debt offering of $1 billion.

Micron Technology Inc., down $4.23 to $58.87.

The chipmaker warned investors that it will cut some production because of weak demand.

ImmunoGen Inc., up 18 cents to $5.19.

The drug developer received accelerated U.S. regulatory approval for an ovarian cancer treatment.

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 This material may not be published, broadcast, written or redistributed.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