NovoCure, Lamb Weston rise; RPM International, Amazon fall
Jan 4, 2023, 11:15 PM | Updated: Jan 5, 2023, 1:33 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Amazon.com Inc., down $2.02 to $83.12.
The e-commerce giant is cutting about 18,000 positions.
Bed Bath & Beyond Inc., down 72 cents to $1.69.
The home goods retailer warned investors of substantial doubt about its ability to continue as a “going concern”.
NovoCure Ltd., up $48.28 to $118.81.
The cancer therapy technology company gave investors an encouraging update on a study of lung cancer patients.
Lamb Weston Holdings Inc., up $8.55 to $96.03.
The french fry maker raised its profit forecast for the year.
Conagra Brands Inc., up $1.32 to $39.97.
The maker of Chef Boyardee and Hunt’s ketchup reported strong fiscal second-quarter financial results.
RPM International Inc., down $12.85 to $85.17.
The specialty chemicals company warned investors challenging economic conditions are hurting demand.
Constellation Brands Inc., down $22.48 to $208.68
The marketer of Corona beer and Robert Mondavi wine trimmed its profit forecast for the year.
Western Digital Corp., up $2.18 to $35.23.
The hard drive maker reportedly resumed deal discussions with Japan’s Kioxia.
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