News Corp, Fulgent rise; NOV, FuelCell Energy fall
Posted Mar 16, 2021 04:23:14 PM.
Last Updated Mar 16, 2021 04:32:19 PM.
NEW YORK — Stocks that traded heavily or had substantial price changes Tuesday:
NOV Inc., down $1.75 to $15.18.
The maker of equipment for the oil and gas industry said it expects a weak first quarter because of bad weather and the virus pandemic.
Fulgent Genetics Inc., up $5.09 to $109.36.
The Centers for Disease Control awarded the genetic testing company a contract for COVID-19 research.
FuelCell Energy Inc., down $1.60 to $15.43.
The fuel cell maker’s fiscal first-quarter earnings and revenue fell short of Wall Street forecasts.
Designer Brands Inc., down 34 cents to $15.56.
The footwear and accessories retailer’s fourth-quarter revenue missed analysts forecasts.
Jabil Inc., up $1.63 to $50.47.
The electronics manufacturer beat Wall Street’s fiscal second-quarter profit and revenue forecasts.
Ford Motor Co., down 71 cents to $12.49.
The car and truck maker warned investors that a continued semiconductor shortage could hurt its earnings.
Devon Energy Corp., down $1.10 to $23.51.
Crude oil prices slipped and dragged down stocks of energy and related services companies.
News Corp, up 47 cents to $26.48
The media company and Facebook reached pay deals for news in Australia.
The Associated Press
