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Cracker Barrel, Sage Therapeutics fall; Ocugen, FedEx rise

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

FedEx Corp., up $6.31 to $299.30.

The package delivery company raised its quarterly dividend.

Spirit Airlines Inc., down 1 cent to $33.99.

The airline gave investors an encouraging update on its operations and finances.

Cracker Barrel Old Country Store Inc., down $2.86 to $150.51.

The restaurant operator announced a private offering of senior notes to institutional investors.

T. Rowe Price Group Inc., up $2.62 to $195.25.

The financial services company declared a special cash dividend of $3 per share.

Ocugen Inc., up 13 cents to $6.26.

The biotechnology company picked Jubilant HolisterStier for its U.S. manufacturing partner for its COVID-19 vaccine Covaxin.

Cytokinetics Inc., up 43 cents to $22.28.

The biotechnology company said it expects to ask for regulatory approval of a potential heart failure drug in the second half of 2021.

Sage Therapeutics Inc., down $14.06 to $58.80.

Investors were disappointed with the biotechnology company's study results for a potential depression treatment.

Washington Real Estate Investment Trust, down $1.74 to $25.09.

The real estate company agreed to sell it portfolio of office properties to Brookfield Asset Management.

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Companies Mentioned in This Article

CompanyMarketRankâ„¢Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
FedEx (FDX)
4.7939 of 5 stars
$240.880.7%2.41%14.27Moderate Buy$282.46
Cytokinetics (CYTK)
3.9316 of 5 stars
$33.90-1.3%N/A-6.41Moderate Buy$70.92
T. Rowe Price Group (TROW)
4.4097 of 5 stars
$100.410.5%5.06%11.38Reduce$94.91
Sage Therapeutics (SAGE)
3.222 of 5 stars
$9.201.3%N/A-1.59Hold$8.93
Cracker Barrel Old Country Store (CBRL)
4.1339 of 5 stars
$67.71-0.3%1.48%26.24Hold$53.86
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