Best Buy, Medtronic fall; Dollar Tree, Dycom rise
Stocks that traded heavily or had substantial price changes Tuesday:
Best Buy Co., down $16.99 to $121.01.
The consumer electronic chain’s gross profit margins tightened during the third quarter.
Dycom Industries Inc., up $16.41 to $99.91.
The provider of specialty contracting services reported strong third-quarter profit and revenue.
Dollar Tree Inc., up $12.15 to $144.71.
The discount retailer gave investors an encouraging third-quarter earnings report and financial forecasts.
J.M. Smucker Co., up $7.19 to $133.63.
The food maker’s fiscal second-quarter profit and revenue beat analysts’ forecasts.
Burlington Stores Inc., up $22.55 to $285.55.
The discount retailer’s third-quarter financial results beat Wall Street forecasts.
Valero Energy Corp., up $1.90 to $72.55.
Energy companies gained ground on rising oil and gasoline prices.
Abercrombie & Fitch Co., down $5.92 to $41.12.
The teen clothing retailer faces supply chain problems and higher costs.
Medtronic Plc., down $3.51 to $113.38.
The medical device company’s fiscal second-quarter revenue fell short of Wall Street forecasts.