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Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday:
Fastenal Co., down $4.86 to $69.88.
The distributor of nuts and bolts to the construction industry reported disappointing first-quarter financial results.
CarMax Inc., down $7.32 to $71.98.
The used car chain's fiscal fourth-quarter earnings fell short of analysts' forecasts.
Alpine Immune Sciences Inc., up $17.36 to $64.40.
Vertex Pharmaceuticals is buying the biopharmaceutical company for about $4.9 billion.
Arvinas Inc., up 53 cents to $37.26.
The biopharmaceutical company signed a licensing deal with Novartis over a potential prostate cancer treatment.
Rocket Lab USA Inc., up 12 cents to $3.86.
The developer of rocket launch and control systems announced a $32 million contract with the U.S. Space Force.
Peabody Energy Corp., down 8 cents to $23.49.
The Missouri-based coal miner gave investors a disappointing financial update.
Northern Technologies International Corp., up $1.65 to $13.75.
The rust and corrosion prevention company beat analysts' fiscal second-quarter earnings forecasts.
Conn’s Inc., up 84 cents to $4.03.
The Texas-based furniture and appliance chain fell short of Wall Street's sales forecasts.
