Wendy’s, Cinemark fall; Signify, Kroger rise
Aug 22, 2022, 1:13 AM | Updated: 1:16 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Signify Health Inc., up $6.80 to $28.
Amazon is reportedly considering placing a bid on the healthcare technology company.
Wendy’s Co., down $1.22 to $19.93.
The chain is removing lettuce from sandwiches in Michigan, Ohio and Pennsylvania after customers reported falling ill.
Occidental Petroleum Co., down $2.26 to $69.03.
Energy stocks remained volatile as oil prices slipped.
Freeport McMoRan Inc., down 59 cents to $29.86.
The copper miner fell along with prices for the metal.
Bed Bath & Beyond Inc., down $1.79 to $9.24.
Suppliers are reportedly halting shipments to the home-goods retailer over concerns about its finances.
Kroger Co., up 62 cents to $50.12.
Grocery stores and other stocks viewed as less-risky investments held up better than the broader market.
Cinemark Holdings Inc., down 94 cents to $15.33
The movie theater chain’s rival, Cineworld Group, is considering filing for Chapter 11 bankruptcy protection.
Microsoft Corp., down $8.40 to $277.75.
Pricey technology stocks were among the biggest losers in the broader market decline.
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