RH, MSC Industrial fall; Adobe, Progressive rise, Friday, 6/14/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday:
Adobe Inc., up $66.57 to $525.31.
The design software company raised its earnings forecast for its fiscal year.
RH, down $47.32 to $229.73.
The furniture and housewares retailer reported a much bigger first-quarter loss than analysts' expected.
MSC Industrial Direct Co., down $8.82 to $75.84.
The distributor of industrial tools and supplies gave investors a quarterly earnings forecast below Wall Street expectations.
Tyson Foods Inc., up 11 cents to $53.97.
The meatpacker suspended its chief financial officer following his arrest Thursday on charges of driving while intoxicated.
Progressive Corp., up 32 cents to $203.92.
The insurer reported an increase in policies in May.
Tesla Inc., down $4.46 to $178.01.
The electric vehicle maker’s shareholders voted to restore CEO Elon Musk’s record $44.9 billion pay package.
APA Corp., down 75 cents to $27.82.
The Houston-based oil and gas driller slipped along with prices for natural gas.
GameStop Corp., down 42 cents to $28.70.
Keith Gill, the investor known as “Roaring Kitty," reportedly bought more shares in the video game retailer.
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