Eli Lilly, 3M rise; MicroStrategy, Chegg fall, Tuesday, 4/30/2024
By Ap News - Apr 30, 2024, 12:24 PM ET
Last Updated - May 27, 2024, 01:05 AM EDT
Stocks that are trading heavily or have substantial price changes on Tuesday: Eli Lilly, 3M rise; MicroStrategy, Chegg fall
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Tuesday:
Eli Lilly and Co. (LLY), up $34.63 to $771.83.
The drugmaker raised its profit forecast for the year.
3M Co. (MMM), up $3.28 to $95.44.
The maker of Post-it notes, industrial coatings and ceramics reported strong first-quarter financial results.
MicroStrategy Inc. (MSTR), down $197.24 to $1,095.73.
The business software company's first-quarter financial results fell short of analysts' forecasts.
Woodward Inc. (WWD), up $12.29 to $163.26.
The maker of cockpit controls and other equipment for the defense and aerospace markets raised its financial forecast for the year.
Amkor Technology Inc. (AMKR), up $1.56 to $33.03.
The chip packaging and test services provider gave Wall Street an encouraging earnings forecast.
Trane Technologies Plc. (TT), up $19.06 to $319.92.
The maker of heating, ventilation and air conditioning equipment raised its profit forecast for the year.
Chegg Inc. (CHGG), down $1.75 to $5.42.
The online learning platform gave investors a weak revenue forecast for the year.
Tenet Healthcare Corp. (THC), UP $10.88 to $110.03.
The hospital operator raised its profit forecast for the year.