Boeing, American Airlines stumble while Cerner jump
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday:
Boeing Co., down $5.48 to $369.04
The plane maker’s deliveries tumbled in the first quarter after two deadly crashes prompted regulators to ground the 737 Max jet.
American Airlines Group Inc., down 57 cents to $33.31
The airline is cutting a key revenue measure, citing the grounded Boeing 737 Max jets and the lingering impact from the government shutdown.
Wynn Resorts Ltd., down $5.59 to $139.26
The casino operator pulled out of talks to buy Australia’s Crown Resorts after that company disclosed negotiation details.
Pentair PLC, down $6.13 to $39.13
The maker of water filters and pumps for pools and other systems slashed its profit forecast, citing bad weather.
Avaya Holdings Corp., up 74 cents to $18.49
The communications software maker is preparing to auction the company, according to media reports.
Lindsay Corp., down $8.98 to $85.11
The irrigation equipment maker reported a surprise fiscal second-quarter loss and revenue fell short of forecasts.
Cerner Corp., up $5.88 to $62.97
The health care information technology company added $1.2 billion in stock buybacks after reaching a deal with activist investor Starboard Value L.P.
Zogenix Inc., down $11.89 to $39.96
The Food and Drug Administration rejected one of the drug maker’s experimental epilepsy treatments.