Target and Red Robin sink while Lowe's and Tiffany jump
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:
Target Corp., down $4.30 to $71.17
The retailer's profit dropped as it made big investments in its business.
United Technologies Inc., down 29 cents to $127.58
The maker of elevators, jet engines and other products plans to hire 35,000 people and invest more than $15 billion in the U.S. over the next five years.
Lowe's Cos., up $8.94 to $94.69
The home improvement retailer raised its annual sales forecast.
Tiffany & Co., up $23.81 to $126.05
The jewelry retailer reported a bigger profit and better sales than analysts expected.
Red Robin Gourmet Burgers Inc., down $10.55 to $47.