Sysco, Simon Property rise; Peloton, Dentsply fall

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

Microchip Technology Inc., up $3.94 to $68.25.

The chipmaker gave investors an encouraging profit and revenue forecast after reporting strong fiscal fourth-quarter financial results.

Simon Property Group Inc., up 88 cents to $119.07.

The shopping mall owner raised its quarterly dividend and authorized a $2 billion stock buyback program.

International Flavors & Fragrances Inc., up $6.01 to $125.50.

The supplier of ingredients to the food, cosmetics and consumer products industries raised its sales forecast for the year.

Trex Co., up $2.95 to $58.63.

The maker of fencing and decking products beat Wall Street's first-quarter earnings and revenue forecasts.

Novavax Inc., up 60 cents to $53.86.

The vaccine maker reaffirmed an encouraging revenue forecast for the year.

Sysco Corp., up $4.97 to $86.05.

The food distributor beat Wall Street's fiscal third-quarter profit and revenue forecasts.

Dentsply Sirona Inc., down $2.87 to $36.38.

The dentistry supplies manufacturer cut its profit forecast for the year after reporting disappointing first-quarter financial results.

Peloton Interactive Inc., down $1.23 to $12.90.

The exercise bike company's fiscal third-quarter loss was much bigger than Wall Street expected.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
DENTSPLY SIRONA (XRAY)
4.702 of 5 stars
$30.35-1.8%2.11%-48.95Moderate Buy$39.50
Simon Property Group (SPG)
3.7611 of 5 stars
$142.740.0%5.46%20.45Moderate Buy$140.22
Peloton Interactive (PTON)
4.1882 of 5 stars
$3.03-1.0%N/A-1.24Hold$7.50
International Flavors & Fragrances (IFF)
4.0575 of 5 stars
$84.33-1.0%1.90%-8.40Hold$86.35
Microchip Technology (MCHP)
4.5567 of 5 stars
$92.21+1.7%1.95%21.54Moderate Buy$92.50
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