Free Trial

Devon Energy, General Motors rise; Peloton, Exelon fall

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

Devon Energy, up $1.78 to $25.23

The energy company reported a bigger-than-expected profit for the first quarter and raised its dividend payout.

T-Mobile US, up $5.65 to $134.13

The telecom reported stronger profit than analysts expected, as it continues to fold in its acquisition of Sprint.

Caesars Entertainment, up $7.45 to $102.98

The casino operator reported encouraging trends for April, helping shares rise despite a worse first-quarter loss than expected.

General Motors, up $2.24 to $57.58

The automaker's first-quarter profit surged to roughly $3 billion and topped analysts' forecasts despite a shortage of computer chips that hurt production.

Peloton, down $14.08 to $82.62

The company is recalling its Tread+ treadmills after U.S. safety officials said users, children and pets can be pulled underneath them.

HollyFrontier, down $1.54 to $34.68

The petroleum refiner reported a larger-than-expected quarterly loss. It's also suspending its dividend for a year to pay for an acquisition.

Exelon, down $1.25 to $43.53

The energy company said it lost money during the first three months of the year, when analysts were expecting a profit.

Activision Blizzard, up $1.39 to $90.08

The video game maker's revenue and profit for the first quarter both topped Wall Street analysts' projections.

Should You Invest $1,000 in General Motors Right Now?

Before you consider General Motors, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and General Motors wasn't on the list.

While General Motors currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
SentinelOne (S)
3.6133 of 5 stars
$19.092.0%N/A-14.46Moderate Buy$24.26
General Motors (GM)
3.9223 of 5 stars
$58.94-0.5%1.02%9.36Moderate Buy$59.00
Compare These Stocks  Add These Stocks to My Watchlist 

Featured Articles and Offers

Related Videos

5 Hot Stocks to Buy Now: September’s Top Picks With Major Momentum
Top Trades: Massive Gains and Costly Mistakes to Avoid
The Market’s Next Big Winners? Start Here

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines