Dollar Tree, Cintas rise; Worthington, Jabil fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Micron Technology Inc., down $1.46 to $71.64.
The chipmaker gave investors a disappointing profit and revenue forecast.
Asbury Automotive Group Inc., up $4.42 to $203.24.
The car dealer is buying Larry H. Miller Dealerships and Total Care Auto.
Dollar Tree Inc., up $14.23 to $100.51.
The discount retailer increased its stock buyback program to $2.5 billion.
Worthington Industries Inc., down $1.45 to $54.24.
The metal manufacturer warned investors about labor challenges and lower automotive demand because of an ongoing chip shortage.
Jabil Inc., down $3.71 to $57.23.
The electronics manufacturer's fiscal fourth-quarter revenue fell short of Wall Street forecasts.
APA Corp., down 42 cents to $21.27.
The oil and natural gas producer gave investors a disappointing update on appraisal drilling at an offshore well near Suriname.
Cintas Corp., up $3.19 to $389.26.
The uniform rental company reported strong fiscal first-quarter financial results.
Newmont Corp., down 87 cents to $53.71.
Gold prices edged lower and weighed down the metals miner.