Costco, Delta Air Lines fall; QuantumScape, MicroStrategy rise, Thursday, 7/11/2024

Date:

Share post:


NEW YORK — Stocks that traded heavily or had substantial price changes on Thursday:

Costco Wholesale Corp., down $37.72 to $846.59.

The warehouse club operator is raising its membership fees for the first time in seven years.

Citigroup Inc., down $1.27 to $65.71.

Government regulators slapped the bank with a $135.6 million fine, citing insufficient progress in resolving internal control and risk issues.

Delta Air Lines Inc., down $1.87 to $44.99.

The airline’s second-quarter earnings and revenue fell short of Wall Street forecasts.

Conagra Brands Inc., down 43 cents to $28.38.

The maker of Slim Jim, Swiss Miss and other food products gave investors a weak earnings forecast for its fiscal year.

AZZ Inc., up $4.64 to $81.15.

The electrical equipment maker’s first-quarter earnings beat analysts’ forecasts.

Northern Technologies International Corp., down $1.73 to $13.98.

The rust and corrosion prevention company’s fiscal third-quarter earnings fell short of analysts’ forecasts.

QuantumScape Corp., up $1.65 to $7.06.

The electric car battery maker announced a deal with Volkswagen’s PowerCo to industrialize solid-state batteries.

MicroStrategy Inc., up $52.84 to $1,358.56.

The business software company announced a 10-for-1 stock split.



Source link

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.

Recent posts

Related articles

How to avoid financial stress during the holiday season

NEW YORK -- The holidays are meant to be a time of celebration with family and friends....

Guardian newspaper confirms sale of Sunday sister paper The Observer to Tortoise Media

LONDON -- The owner of Britain’s Guardian newspaper confirmed Wednesday that it has sold the Observer, the...

Court rules that UK police can seize millions from Andrew Tate in tax dispute

LONDON -- A British court ruled Wednesday that police can seize more than 2 million pounds ($2.5...

New Jersey toxic waste dumping caused $1B in harm, group says

TOMS RIVER, N.J. -- Years of toxic waste dumping in a Jersey Shore community where childhood cancer...

Japanese space startup aborts 2nd satellite launch attempt minutes after liftoff

TOKYO -- A Japanese space startup said its second attempt to launch a rocket carrying satellites into...

Stock market today: Asian stocks are mixed ahead of the Federal Reserve's decision on rates

HONG KONG -- Asian stocks were mixed on Wednesday ahead of the Federal Reserve's final rate decision...

Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon

WASHINGTON -- Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts...

Musk and Trump are viewed roughly the same by Americans, an AP-NORC poll finds

WASHINGTON -- WASHINGTON (AP) — Elon Musk, clad in tuxedo and black tie, took the stage at...