Hormel, Sunrun rise; BJ’s Wholesale, Devon Energy fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Virgin Galactic Holdings Inc., up $2.54 to $19.81.
The spaceflight company said its next test flight will take place on May 22.
Sunrun Inc., up $2.80 to $44.69.
The provider of residential solar panels is partnering with Ford to install home charging systems for its F-150 Lightning.
Children’s Place Inc., up $4.39 to $92.94.
The children’s clothing and accessories chain blew away Wall Street’s first-quarter profit forecasts.
Hormel Foods Corp., up $3.39 to $49.36.
The maker of Spam canned ham, Dinty Moore stew and other foods beat analysts fiscal second-quarter financial forecasts.
Synopsys Inc., up $7.35 to $244.71.
The maker of software used to test and develop chips gave investors an encouraging financial forecast after reporting solid earnings.
BJ’s Wholesale Club Holdings Inc., down $2.42 to $46.16.
The wholesale membership warehouse operator declined to give investors a financial forecast, citing uncertainty around the pandemic.
Copart Inc., up $3.10 to $124.09.
The online vehicle auction company reported encouraging fiscal third-quarter earnings and revenue.
Devon Energy Corp., down 2 cents to $25.26.
Oil prices edged lower and weighed down energy company stocks.