Progressive, Fastenal fall; Newmont, Freeport-McMoRan rise

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

Delta Air Lines Inc., down 37 cents to $33.37.

The airline reported weak first-quarter earnings.

Fastenal Co., down 22 cents to $52.34.

The distributor of bolts and nails reported weak first-quarter revenue.

International Business Machines Corp., down 64 cents to $127.90.

The technology company is reportedly considering selling its unit that operates the Weather Channel app and website.

Sportsman’s Warehouse Holdings Inc., down $1.10 to $7.21.

The hunting and camping retailer gave investors a disappointing earnings forecast.

Rent the Runway Inc., down 14 cents to $3.01.

The fashion rental service gave investors a weak revenue forecast.

Progressive Corp., down $9.94 to $138.21.

The insurer’s first-quarter profit fell short of analysts’ forecasts.

Newmont Corp., up $1.31 to $51.02.

The gold producer gained ground along with rising prices for the precious metal.

Freeport-McMoRan Inc., up $1.98 to $42.95.

The copper miner’s stock rose along with the metal’s price.

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo

More from WTOP

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

Sign up