Intuitive Surgical, Trustmark fall; AT&T, Progressive rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Boeing Co., up 70 cents to $212.68.
The aerospace-defense giant reported a big fourth-quarter loss, but said it is sticking with plans to increase jet production.
AT&T Inc., up $1.26 to $20.42.
The telecommunications company reported strong fourth-quarter earnings.
News Corp., up $1.11 to $20.64.
Rupert Murdoch pulled the plug on a plan to re-merge his News Corp. and Fox Corp., saying it isn’t the right time for shareholders.
Aurinia Pharmaceuticals Inc., up 84 cents to $9.05.
The biopharmaceutical company gave investors an encouraging update on a patent related to its drug Lupkynis.
Trustmark Corp., down $4.47 to $28.55.
The holding company for Trustmark National Bank reported weak fourth-quarter earnings.
Intuitive Surgical Inc., down $14.18 to $243.80.
The maker of robotic surgical instruments reported disappointing fourth-quarter profit and revenue.
Progressive Corp., up $6.28 to $135.47.
The insurer beat analysts’ fourth-quarter financial forecasts.
Textron Inc., up 55 cents to $70.15.
The maker of Cessna small planes and Bell helicopters gave investors an encouraging profit forecast for 2023.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.