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Spotify, ABM rise; Hertz, Designer Brands fall

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

T-Mobile US Inc., up $3.76 to $106.39.

The wireless carrier named a new chief financial officer and said it will complete its sale of Boost Mobile on July 1.

Spotify Technology S.A., up $25.45 to $225.28.

The digital music service signed a podcast deal with Kim Kardashian West, according to media reports.

Waters Corp., up $5.10 to $193.60.

The laboratory instrument company said CEO and president Christopher O'Connell will step down.

ABM Industries Inc., up $6.50 to $39.03.

The cleaning and maintenance services company reported surprisingly good fiscal second-quarter results.

Hertz Global Holdings Inc., down 20 cents to $1.80.

The bankrupt car rental company suspended plans to sell $500 million worth of stock because of a Securities and Exchange Commission review.

Designer Brands Inc., down 6 cents to $7.27.

The footwear and accessories retailer reported a much bigger loss than Wall Street had forecast.

Commercial Metals Co., up $1.08 to $20.51.

The manufacturer and recycler of steel and metal products reported surprisingly good fiscal third-quarter results.

Biogen Inc., down $21.16 to $260.30.

The biotechnology company reportedly faces generic competition to its multiple sclerosis drug following a patent ruling.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Hertz Global (HTZ)N/A$6.800.9%N/A-0.82N/AN/A
Waters (WAT)
4.759 of 5 stars
$301.43-1.6%N/A27.18Hold$378.73
T-Mobile US (TMUS)
4.7138 of 5 stars
$238.17-0.3%1.48%22.47Moderate Buy$258.02
ABM Industries (ABM)
4.8744 of 5 stars
$44.99-1.4%2.36%24.45Moderate Buy$55.67
Commercial Metals (CMC)
4.3682 of 5 stars
$58.21-2.5%1.24%187.76Moderate Buy$60.39
Biogen (BIIB)
4.6827 of 5 stars
$142.50-0.9%N/A13.62Hold$181.65
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