Stitch Fix, Albemarle fall; Target AeroVironment rise, Tuesday, 3/5/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday:
Target Corp., up $18.09 to $168.58.
The retailer's fourth-quarter earnings and revenue beat Wall Street forecasts.
MicroStrategy Inc., down $283 to $1,051.01.
The business software company plans to invest in more bitcoin with proceeds from a debt offering.
Albemarle Corp., down $23.80 to $109.40.
The specialty chemicals company announced a $1.75 billion offering of depository shares.
GitLab Inc., down $15.63 to $58.84.
The software company gave investors a weak profit forecast for its fiscal year.
AeroVironment Inc., up $36.50 to $167.15.
The maker of unmanned aircraft raised its profit forecast for the year.
Paymentus Holdings Inc., up $3.30 to $19.65.
The electronic bill payment services company beat analysts' fourth-quarter earnings and revenue forecasts.
Stitch Fix Inc., down 69 cents to $2.59.
The online clothing styling service reported a bigger second-quarter loss than Wall Street expected.
ThredUp Inc., down 39 cents to $1.97.
The online seller of secondhand clothing reported disappointing fourth-quarter earnings.
