Target, Lululemon fall; Petco, Dycom rise, Wednesday, 5/22/2024

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

Target Corp., down $12.51 to $143.27.

The retailer’s first-quarter earnings fell short of Wall Street forecasts.

Analog Devices Inc., up $23.52 to $240.16.

The semiconductor maker’s earnings forecast for its current quarter exceeded Wall Street expectations.

Lululemon Athletica Inc., down $23.35 to $299.63.

The athletic apparel maker said its chief product officer resigned and it will restructure its product and brand teams.

United Natural Foods Inc., up $1.11 to $12.26.

The organic food distributor extended its wholesale partnership with Whole Foods Market, an affiliate of

Williams-Sonoma Inc., down $34.45 to $279.93.

The cookware and home furnishings retailer beat Wall Street’s first-quarter earnings and revenue forecasts.

Petco Health & Wellness Co., up 43 cents to $2.88.

The pet supply chain’s first-quarter earnings and revenue beat analysts’ forecasts.

Dycom Industries Inc., up $12.74 to $167.14.

The provider of specialty contracting services beat Wall Street’s first-quarter earnings forecasts.

Photronics Inc., down $1.94 to $26.32.

The electronics imaging company’s financial forecasts for its current quarter fell short of analysts’ expectations.

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 This material may not be published, broadcast, written or redistributed.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