Free Trial

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.

Should You Invest $1,000 in Western Digital Right Now?

Before you consider Western Digital, 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 Western Digital wasn't on the list.

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

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

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

Companies Mentioned in This Article

CompanyMarketRankâ„¢Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Johnson & Johnson (JNJ)
4.8146 of 5 stars
$156.87-0.5%3.31%17.45Moderate Buy$171.00
Stitch Fix (SFIX)
3.5801 of 5 stars
$3.94-3.7%N/A-8.57Hold$5.67
Steelcase (SCS)
4.9499 of 5 stars
$10.61-2.7%3.77%10.30Moderate Buy$16.00
Beazer Homes USA (BZH)
4.8759 of 5 stars
$24.38-1.1%N/A7.89Hold$32.33
lululemon athletica (LULU)
4.8415 of 5 stars
$236.51-0.8%N/A16.02Moderate Buy$338.73
Western Digital (WDC)
4.8534 of 5 stars
$66.141.7%0.60%12.53Moderate Buy$64.11
Compare These Stocks  Add These Stocks to My Watchlist 

Featured Articles and Offers

Recent Videos

3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines