Micron and Intuitive Surgical jump while Constellation skids
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:
Constellation Brands Inc., down $21.40 to $150.94
The Corona maker said it expects wine and spirits sales to fall in the current fiscal year.
Akorn Inc., down 46 cents to $3.48
The drugmaker said regulators sent it a warning letter after inspecting a manufacturing facility in Illinois.
Micron Technology Inc., up $1.70 to $35.44
Shares of chipmakers climbed after investors were encouraged by comments from Micron and other companies.
Lennar Corp., up $3.40 to $46.29
CEO Stuart Miller said more potential buyers have been coming to Lennar’s model homes recently as mortgage rates dipped.
Digital Realty Trust Inc., down $5.51 to $101.83
The data center company’s annual forecasts fell short of Wall Street’s estimates.
Intuitive Surgical Inc., up $34.12 to $517.11
The robotic surgery system company said sales in the fourth quarter were strong.
Noble Energy Inc., up 91 cents to $22.23
Energy company stocks rose as oil prices built a rally that started in late December.
J.C. Penney Co., up 13 cents to $1.34
The department store reported its holiday sales and said it still expects its business to be profitable this fiscal year.