MillerKnoll, Peloton rise; Progress Software, NextEra Energy fall, Wednesday, 9/27/2023
By AP News - Sep 27, 2023, 12:18 PM ET
Last Updated - Sep 27, 2023, 12:18 PM EDT
Stocks that are trading heavily or have substantial price changes on Wednesday: MillerKnoll, Peloton rise; Progress Software, NextEra Energy fall
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Wednesday:
Jabil Inc. (JBL), up 98 cents to $105.98.
The electronics manufacturer is selling its Mobility business to BYD Electronic for $2.2 billion.
AutoNation Inc. (AN), up $3.29 to $153.93.
The auto retailer reportedly offered to buy British automotive retailer Pendragon.
Progress Software Corp. (PRGS), down $1.54 to $53.83.
The business software maker gave investors a weak profit forecast for the current quarter.
MillerKnoll Inc. (MLKN), up $5.45 to $24.60.
The furniture maker raised is profit forecast for the year.
Peloton Interactive Inc. (PTON), up 1 cent to $4.63.
The exercise bike and treadmill company named Nick Caldwell as its new chief product officer.
AAR Corp. (AIR), up $1.33 to $60.55.
The airplane maintenance company reported strong fiscal first-quarter financial results.
NextEra Energy Inc. (NEE), down $3.86 to $61.48.
The parent company of Florida Power & Light Co. sold its Florida City Gas unit Chesapeake Utilities for $923 million.
Morphic Holding Inc. (MORF), down 47 cents t $20.86.
The biopharmaceutical company said CEO Praveen Tipirneni is taking a temporary medical leave of absence.