Wayfair, Ross Stores fall; General Motors, Foot Locker rise

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

Ross Stores Inc., down 99 cents to $91.01.

The discount retailer lowered its profit forecast for the year as inflation crimps consumer spending.

Bed Bath & Beyond Inc., down $7.52 to $11.03.

Activist investor Ryan Cohen confirmed that he no longer owns any shares or options related to the home goods retailer.

AMC Entertainment Holdings Inc., down $1.27 to $18.02.

The chain of 950 movie theaters reaffirmed expectations for a weak slate of films during the third quarter.

General Motors Co., up 98 cents to $39.70.

The automaker reinstated its dividend.

Foot Locker Inc., up $6.41 to $38.39.

The athletic apparel and footwear company reported strong financial results and named a replacement for its retiring CEO.

Bill.com Holdings Inc., up $24.89 to $174.29.

The payment processing software company gave investors an encouraging earnings forecast for the year.

Madison Square Garden Entertainment Entertainment Corp., up $2.21 to $64.91.

The owner of Radio City Music Hall is considering separating its live entertainment business from its MSG Networks cable channel.

Wayfair Inc. down $14.33 to $57.01.

The furniture retailer is cutting about 870 employees, or 5% of its global workforce.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
BILL (BILL)
4.6062 of 5 stars
$56.58-10.6%N/A-71.62Moderate Buy$99.62
Ross Stores (ROST)
4.7004 of 5 stars
$130.84+2.5%1.12%23.53Moderate Buy$155.21
Wayfair (W)
3.5895 of 5 stars
$63.59+8.4%N/A-11.86Moderate Buy$76.45
AMC Entertainment (AMC)
2.8281 of 5 stars
$3.30+5.4%N/A-1.40Strong Sell$5.95
Foot Locker (FL)
3.9124 of 5 stars
$21.81+1.7%N/A-6.23Hold$24.94
General Motors (GM)
4.8772 of 5 stars
$44.86+0.4%1.07%5.48Moderate Buy$54.65
Bed Bath & Beyond (BBBY)
0.328 of 5 stars
$0.08flat861.85%-0.01N/A
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