Steelcase, Darden fall; Lennar, Salesforce rise
Sep 22, 2022, 1:18 AM | Updated: 1:24 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Steelcase Inc., down 93 cents to $8.31.
The office furniture maker gave investors a disappointing financial forecast.
Lennar Corp., up $1.51 to $77.43.
The homebuilder beat Wall Street’s fiscal third-quarter profit and revenue forecasts.
Salesforce Inc., up $2.52 to $150.15.
The business software company gave investors an encouraging long-term financial forecast.
FactSet Research Systems Inc., down $35.70 to $394.75.
The financial data provider reported disappointing fiscal fourth-quarter earnings.
Darden Restaurants Inc., down $5.83 to $125.45.
The owner of Olive Garden fell short of analysts’ forecasts for a key sales measure during its fiscal first quarter.
Credit Suisse Group AG, down 29 cents to $4.71.
The bank is reportedly considering splitting its investment banking operation into three companies.
H.B. Fuller Co., up $1.82 to $61.66.
The adhesives company beat Wall Street’s fiscal third-quarter earnings forecasts.
KB Home, down $1.42 to $26.60.
The homebuilder warned that supply chain problems will impact its fourth quarter financial results.
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