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General Mills, Worthington fall; FedEx, Rivian rise, Wednesday, 6/26/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday:
FedEx Corp., up $39.81 to $296.19.
The package delivery service's fiscal fourth-quarter financial results beat Wall Street forecasts.
General Mills Inc., down $3.09 to $64.17.
The maker of Cheerios and Yoplait yogurt reported fiscal fourth-quarter revenue that fell short of analysts' forecasts.
UniFirst Corp., up $21.57 to $176.04.
The uniform provider beat Wall Street's fiscal third-quarter earnings forecasts.
Daktronics Inc., up $2.38 to $13.30.
The video display maker's fiscal fourth-quarter revenue beat Wall Street forecasts.
Worthington Enterprises, Inc., down $1.71 to $48.45.
The metal manufacturer's fiscal fourth-quarter earnings and revenue fell short of analysts' forecasts.
Rivian Automotive Inc., up $2.78 to $14.74.
Volkswagen agreed to invest $1 billion in the electric vehicle maker immediately, with the potential of much more.
Grindr Inc., up $1.57 to $11.82.
The dating app raised its revenue forecast for the year.
Newmont Corp., down 45 cents to $41.45.
The gold miner fell along with prices for the precious metal.
