General Motors, NetApp rise; Petco, Hormel Foods fall, Wednesday, 11/29/2023
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday:
Intuit Inc., up $12.16 to $577.23.
The maker of TurboTax, QuickBooks and other accounting software reported strong fiscal first-quarter earnings.
Workday Inc., up $26.16 to $263.49.
The maker of human resources software beat analysts' third-quarter profit and revenue forecasts.
CrowdStrike Holdings Inc., up $22.09 to $234.44.
The cloud-based security company raised its profit forecast for the year.
General Motors Co., up $2.71 to $31.60.
The auto maker said it can absorb the cost of a new contract with workers and will raise its dividend.
Hormel Foods Inc., down $1.48 to $30.47.
The maker of Spam canned ham, Dinty Moore stew and other foods gave investors a weak profit forecast.
NetApp Inc., up $11.43 to $89.54.
The data storage company raised its profit forecast.
Foot Locker Inc., up $3.83 to $27.67.
The shoe store beat Wall Street's third-quarter earnings and revenue forecasts.
Petco Health & Wellness Co., down $1.11 to $2.73.
The pet store chain cut its profit forecast for the year.
