Stitch Fix, Albemarle fall; Target AeroVironment rise, Tuesday, 3/5/2024

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

Target Corp., up $18.09 to $168.58.

The retailer's fourth-quarter earnings and revenue beat Wall Street forecasts.

MicroStrategy Inc., down $283 to $1,051.01.

The business software company plans to invest in more bitcoin with proceeds from a debt offering.

Albemarle Corp., down $23.80 to $109.40.

The specialty chemicals company announced a $1.75 billion offering of depository shares.

GitLab Inc., down $15.63 to $58.84.

The software company gave investors a weak profit forecast for its fiscal year.

AeroVironment Inc., up $36.50 to $167.15.

The maker of unmanned aircraft raised its profit forecast for the year.

Paymentus Holdings Inc., up $3.30 to $19.65.

The electronic bill payment services company beat analysts' fourth-quarter earnings and revenue forecasts.

Stitch Fix Inc., down 69 cents to $2.59.

The online clothing styling service reported a bigger second-quarter loss than Wall Street expected.

ThredUp Inc., down 39 cents to $1.97.

The online seller of secondhand clothing reported disappointing fourth-quarter earnings.

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