Chipotle, General Mills rise; Signet Jewelers, Nasdaq fall, Wednesday, 3/20/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday:
Intel Corp., up 15 cents to $42.20.
The U.S. will provide the chipmaker with up to $8.5 billion in direct funding and $11 billion in loans for computer plants in Arizona, Ohio, New Mexico and Oregon.
JetBlue Airways Corp., up 46 cents to $7.17.
The airline will end service at several cities in a move to retrench and focus on stronger markets after years of losing money.
Chipotle Mexican Grill Inc., up $97.44 to $2,895.
The Mexican food chain announced a 50-for-1 stock split.
General Mills Inc., up 80 cents to $69.43.
The maker of Cheerios cereal and other food items beat Wall Street’s fiscal third-quarter earnings and revenue forecasts.
Nasdaq Inc, down $1.58 to $60.88.
Borse Dubai is selling about a third of its stake in the exchange operator.
Topgolf Callaway Brands Corp., up $1.27 to $15.66.
The maker of golf equipment and accessories is reportedly considering a potential sale.
Signet Jewelers Ltd., down $12.38 to $90.08.
The jewelry store chain gave investors a weak earnings forecast.
Alight Inc., up $1.24 to $10.08.
The cloud-based digital business and human resources company is selling its professional services unit for up to $1.2 billion.