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NCR, Hasbro rise; IBM, Signature Bank fall

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

Hasbro Inc., up 56 cents to $79.98.

The toy maker beat Wall Street's profit forecasts with strong showings from Magic: The Gathering and other tabletop games.

Shopify Inc., up $1.83 to $34.37.

YouTube is teaming up with the e-commerce platform to make it easier for merchants who use Shopify to link to and manage products.

NCR Corp., up $3.68 to $32.78.

The Wall Street Journal reported that the private equity firm Veritas Capital is in talks to buy the maker of ATM machines.

International Business Machines Corp., down $7.25 to $130.88.

IBM's profit margins fell short of some forecasts amid concerns about the strong dollar’s effect on overseas revenue.

Signature Bank, down $8.84 to $187.28.

The New York-based commercial bank reported a decline in deposits.

Johnson & Johnson, down $2.54 to $171.69.

The health care giant reported better-than-expected earnings, but exchange rates again pinched its 2022 forecast.

Lockheed Martin Corp., up $3.10 to $390.38.

The defense contractor reported results that fell short of Wall Street's forecasts and lowered its outlook for the year.

Silvergate Capital Corp., up $14.55 to $79.60.

The owner of Silvergate Bank reported earnings that came in ahead of what analysts were expecting.

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Companies Mentioned in This Article

CompanyMarketRankâ„¢Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Johnson & Johnson (JNJ)
4.8493 of 5 stars
$155.900.2%3.34%17.34Moderate Buy$170.88
NCR (NCR)
0.5084 of 5 stars
$0.00-100.0%N/A58.87N/AN/A
Shopify (SHOP)
1.0648 of 5 stars
C$159.292.1%N/A72.12Moderate BuyC$136.67
Lockheed Martin (LMT)
4.7698 of 5 stars
$463.310.2%2.85%20.01Moderate Buy$541.80
Silvergate Capital (SI)N/A$0.4730.6%625.96%-0.02N/AN/A
Signature Bank (SBNY)
0.2212 of 5 stars
$0.73-3.3%96.55%N/AN/AN/A
International Business Machines (IBM)
4.4331 of 5 stars
$291.661.4%2.30%50.20Moderate Buy$257.50
Hasbro (HAS)
4.4616 of 5 stars
$77.55-0.9%3.61%25.59Buy$81.67
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