RH, MSC Industrial fall; Adobe, Progressive rise, Friday, 6/14/2024

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NEW YORK — Stocks that are trading heavily or have substantial price changes on Friday:

Adobe Inc. (ADBE), up $65.23 to $523.97.

The design software company raised its earnings forecast for its fiscal year.

RH (RH), down $48.16 to $228.89.

The furniture and housewares retailer reported a much bigger first-quarter loss than analysts’ expected.

MSC Industrial Direct Co. (MSM), down $8.29 to $76.37.

The distributor of industrial tools and supplies gave investors a quarterly earnings forecast below Wall Street expectations.

Tyson Foods Inc. (TSN), up 11 cents to $53.97.

The meatpacker suspended its chief financial officer following his arrest Thursday on charges of driving while intoxicated.

Progressive Corp. (PGR), up $2.26 to $205.86.

The insurer reported an increase in policies in May.

Tesla Inc. (TSLA), down $4.10 to $178.37.

The electric vehicle maker’s shareholders voted to restore CEO Elon Musk’s record $44.9 billion pay package.

APA Corp. (APA), down $1 to $27.57.

The Houston-based oil and gas driller slipped along with prices for natural gas.

GameStop Corp. (GME), down $1.12 to $28.

Keith Gill, the investor known as “Roaring Kitty,” reportedly bought more shares in the video game retailer.



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Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

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