Kroger and JetBlue rise while Coach and Sears slump
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:
Kroger Co., up 25 cents to $20.78
The grocery store chain said it will consider selling its convenience store business.
Johnson & Johnson, up $2.75 to $136.65
The drugmaker said it filed for approval of a new prostate cancer drug.
Delta Air Lines Inc., up 37 cents to $53.07
The airline reported strong third-quarter results and a solid forecast for the fourth quarter.
Coach Inc., down $1.13 to $38.87
The luxury handbag maker will change its name to Tapestry on Oct. 31.
JetBlue Airways Corp., up 30 cents to $20.53
The airline said hurricanes Irma and Maria cost it more than $100 million in lost revenue.
Sears Holdings Corp., down 46 cents to $6.24
Sears Canada, a business the company split off in 2014, asked a court to let it liquidate its remaining 130 stores.
CryoLife Inc., down $3.30 to $20
The biological medical device maker said it will buy Germany’s Jotec AG for $225 million.
Barracuda Networks Inc., down $3.09 to $22.65
Investors were disappointed by the cloud-based security and storage company’s forecasts.