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Nike, Western Digital rise; Stitch Fix, Steelcase fall

NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday:

3M Co., down $2.83 to $159.51.

The maker of adhesives and protective equipment is considering selling its food safety business, according to media reports.

Lululemon Athletica Inc., up $3.17 to $316.77.

The athletic apparel company will resume stock buybacks.

Western Digital Corp., up $2.45 to $38.92.

The hard drive maker is forming separate business units for its Flash and HDD technology assets.

Stitch Fix Inc., down $4.87 to $26.51.

The online clothing retailer reported a surprisingly big fiscal fourth-quarter loss.

Steelcase Inc., down $1.51 to $9.84.

The office furniture maker gave investors a disappointing revenue forecast as orders decline in its fiscal third quarter.

Beazer Homes USA Inc., down 49 cents to $11.65.

The home builder said orders jumped 37% during the first two months of its fiscal fourth quarter.

Johnson & Johnson, up 23 cents to $144.44.

The health care company began a study of a potential COVID-19 vaccine with partner Janssen Pharmaceutical.

Nike Inc., up $10.24 to $127.11.

The world’s largest sports apparel maker handily beat Wall Street’s fiscal first-quarter profit forecasts on strong online sales.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Johnson & Johnson (JNJ)
4.844 of 5 stars
$193.270.6%2.69%18.65Moderate Buy$199.59
Stitch Fix (SFIX)
3.7526 of 5 stars
$4.131.0%N/A-8.98Hold$6.00
Steelcase (SCS)
2.2465 of 5 stars
$16.53-0.2%2.42%16.05Moderate BuyN/A
Beazer Homes USA (BZH)
4.7905 of 5 stars
$22.931.0%N/A10.42Hold$31.33
lululemon athletica (LULU)
4.3401 of 5 stars
$167.411.7%N/A11.38Hold$231.26
Western Digital (WDC)
4.4943 of 5 stars
$126.200.2%0.32%24.50Moderate Buy$105.65
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