Blackbaud, Acuity Brands rise; AXT, KalVista fall
Oct 4, 2022, 1:23 AM | Updated: 1:33 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Blackbaud Inc., up $8.12 to $53.13.
Clearlake Capital disclosed an 18.4% stake in the software and services provider focused on the nonprofit sector.
Poshmark Inc., up $2.04 to $17.61.
The online marketplace for second-hand goods is being bought by Naver.
AXT Inc., down $1.48 to $5.53.
The semiconductor materials supplier gave investors a disappointing financial update.
KalVista Pharmaceuticals Inc., down $8.39 to $5.85.
The drug developer unexpectedly ended a study for a treatment aimed at a rare disorder, hereditary angioedema.
Ginkgo Bioworks Holdings Inc., up 38 cents to $3.52.
The biotechnology company announced several company buyouts, including Altar and Circularis.
FedEx Corp., up $7.66 to $159.12.
The package delivery service announced an accelerated plan to buy back $1.5 billion of its stock from Morgan Stanley.
Vir Biotechnology Inc., up $1.53 to $21.49.
The developer of infectious disease treatments won a contract with the the U.S. government for flu prevention and other diseases.
Acuity Brands Inc., up $7.85 to $167.50.
The lighting maker reported encouraging fiscal fourth-quarter earnings and revenue.
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