Keysight Technologies, Nordson fall; Eli Lilly, Lam Research rise, Tuesday, 5/21/2024

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

AutoZone Inc., down $103.21 to $2,820.83.

The auto parts retailer reported fiscal third-quarter revenue that fell short of analysts’ forecasts.

Palo Alto Networks Inc., down $12.11 to $311.66.

The security software maker trimmed its billings forecast for the year.

Keysight Technologies Inc., down $13.39 to $146.36.

The electronic measurement technology company’s earnings forecast for its current quarter fell short of Wall Street expectations.

Nordson Corp., down $25.27 to $243.14.

The maker of adhesives and industrial coatings lowered its earnings forecast for the year.

Lam Research Corp., up $21.96 to $964.

The semiconductor equipment maker’s board approved a $10 billion stock buyback plan and 10-for-1 stock split.

Peloton Interactive Inc., down 64 cents to $3.27.

The exercise bike and treadmill company announced a wide-ranging refinancing plan.

ZIM Integrated Shipping Services Ltd., down 93 cents to $18.25.

The container shipping company’s first-quarter earnings fell short of analysts’ forecasts.

Eli Lilly and Co., up $19.99 to $803.17.

The drug developer reportedly received approval in China for a key diabetes and weight-loss treatment.

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