Campbell Soup, Delta rise; British American Tobacco, Brown-Forman fall, Wednesday, 12/6/2023
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday:
Toll Brothers Inc. (TOL), up $1.69 to $88.90
The homebuilder beat Wall Street's profit targets thanks to lower mortgage rates and “solid” demand for new homes.
British American Tobacco PLC (BTI), down $2.68 to $28.86
The company wrote down $31.5 billion of the value of Lucky Strike and other U.S. cigarette brands.
Campbell Soup Co. (CPB), up $2.87 to $43.24
The New Jersey-based canned soup maker easily beat Wall Street's profit forecasts.
SentinelOne Inc. (S), up $3.32 to $23.32
The security software provider's results beat analysts' expectations and it raised its full-year forecast.
Brown-Forman Corp. (BF.B), down $6.25 to $53.98
The maker of Jack Daniel's whiskey reported weaker earnings than analysts expected and cut its sales forecast.
Delta Air Lines Inc. (DAL), up $1.33 to $38.94
The airline reaffirmed its profit forecast for the fourth quarter and full year.
Ollie’s Bargain Outlet Holdings Inc. (OLLI), up 11 cents to $76.36
The discount retailer earned more money in the latest quarter than Wall Street was expecting and raised its full-year forecasts.
ConocoPhillips (COP), down $2.62 to $110.52
Energy companies fell broadly along with prices for crude oil.
