IBM, HCA Healthcare fall; Beyond Meat, Laboratory Corp. rise
Published
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday:
International Business Machines Corp., down $3.65 to $116.76.
The technology company pulled its financial forecasts for the year.
The J.M. Smucker Co., down $4.26 to $117.36.
The maker of Jif peanut butter and Smucker's jelly lifted its financial forecasts for the year because of rising demand.
Beyond Meat Inc., up $5.84 to $84.96.
Starbucks will reportedly include the plant-based meat producer's patties on a lunch menu it's launching in China.
Credit Acceptance Corp., down $40.71 to $254.
The auto finance company's first-quarter profit fell short of Wall Street forecasts as payments and the number of borrowers decline.
American Eagle Outfitters Inc., down 16 cents to $8.34.
The clothing retailer named a new chief financial officer to replace Bob Madore, who's leaving the company.
Dover Corp., down $1.46 to $84.51.
The Downer's Grove, Illinois-based maker of gasoline pumps and other products beat Wall Street's first-quarter forecasts.
Laboratory Corp. of America Holdings, up $2.57 to $148.18.
The clinical laboratory's at-home test kit for COVID-19 received a special use approval from the Food and Drug Administration.
HCA Healthcare Inc., down $4.96 to $105.47.
The healthcare services company withdrew its financial forecasts for the year and suspended its dividend.