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Bank Of America, Cal-Maine Rise; Nvidia Falls

Bank Of America, Cal-Maine Rise; Nvidia Falls

Stocks that moved heavily or traded substantially Wednesday:

NEW YORKS: Stocks that moved heavily or traded substantially Wednesday:

Bank of America Corp., up $1.89 to $32.15.

Bond yields jumped, improving banks’ ability to charge higher interest rates on loans.

AmerisourceBergen Corp., up $8.41 to $106.17.

The pharmaceutical distribution company raised its profit forecast for 2021.

Walgreeens Boots Alliance Inc., up $1.87 to $43.03.

The drugstore chain is selling its Alliance Healthcare business to AmerisourceBergen for $6.5 billion.

Change Healthcare Inc., up $5.48 to $23.72.

UnitedHealth Group Inc. is buying the health care technology company.

Macy’s Inc., up $1.12 to $12.51.

The department store operator is planning on closing 45 stores this year, according to media reports.

Cal-Maine Foods Inc., up $1.14 to $38.42.

The egg producer reported a surprising fiscal second-quarter profit on strong revenue.

Barrick Gold Corp., up 22 cents to $24.50.

The gold miner slipped as the precious metal’s price fell sharply.

Nvidia Corp., down $31.61 to $504.58.

Chipmakers fell as investors shifted away from winners of the stay-at-home pandemic economy.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor


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