International Paper, Unilever rise; Super Micro, Freeport-McMoRan fall, Tuesday, 3/19/2024
Stocks that traded heavily or had substantial price changes on Tuesday: International Paper, Unilever rise; Super Micro, Freeport-McMoRan fall
NEW YORK — Stocks that traded heavily or had substantial price changes on Tuesday:
Unilever Plc., up $1.34 to $49.86.
The maker of Ben & Jerry’s ice cream and Dove soaps is cutting 7,500 jobs and spinning off its ice cream business.
Kroger Co., up 29 cents to $56.48.
The grocery store owner is selling its specialty pharmacy business to Elevance Health.
Fusion Pharmaceuticals Inc., up $10.54 to $21.18.
AstraZeneca is buying the biopharmaceutical company in a deal worth about $2.4 billion.
Super Micro Computer Inc., down $89.71 to $910.97.
The server technology company announced a stock offering of two million shares.
Crinetics Pharmaceuticals Inc., up $7.25 to $45.18.
The pharmaceutical company gave investors an encouraging update on the development of a potential hormonal disorder treatment.
International Paper Co., up $3.83 to $38.77.
The global paper and packaging company said Andrew Silvernail will replace Mark Sutton as CEO.
Core & Main Inc., up $3.80 to $54.49.
The distributor of water and fire protection products gave investors an encouraging revenue forecast.
Freeport-McMoRan Inc., down 15 cents to $44.33.
The copper miner slipped along with prices for the base metal.
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