NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
FedEx Corp., down $22.99 to $229.08.
The package delivery company cut its profit forecast for the year as it faces a labor shortage and higher costs.
Stitch Fix Inc., up $5.55 to $41.01.
The online clothing styling service reported a surprise fiscal fourth-quarter profit.
Hyatt Hotels Corp., up $1.74 to $75.42.
The hotel chain is publicly offering 7 million shares of stock.
Sonic Automotive Inc., up $1.23 to $55.01.
The auto dealer is buying Texas dealership chain RFJ Auto Partners, which has 33 locations in seven states.
Facebook Inc., down $14.27 to $343.21.
The social media company’s oversight board will review an internal system that exempted high-profile users from some or all of Facebook's rules.
General Mills Inc., up $1.91 to $59.92.
The maker of Cheerios cereal, Yoplait yogurt and other packaged foods beat analysts’ fiscal first-quarter profit and revenue forecasts.
Workhorse Group Inc., down 78 cents to $7.41.
The maker of electric utility vehicles is suspending deliveries of its C-1000 vans.
Valero Energy Corp., up $2 to $65.32.
The energy company's stock gained ground on rising oil prices
Before you consider Sonic Automotive, 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 Sonic Automotive wasn't on the list.
While Sonic Automotive currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
