Micron, Broadcom rise; Five Below, Designer Brands fall, Thursday, 3/21/2024
Stocks that are trading heavily or have substantial price changes on Thursday: Micron, Broadcom rise; Five Below, Designer Brands fall
NEW YORK — Stocks that are trading heavily or have substantial price changes on Thursday:
Apple Inc. (AAPL), down $6.47 to $172.20.
U.S. antitrust authorities accused the iPhone maker of engineering an illegal monopoly in smartphones.
Broadcom Inc. (AVGO), up $122.46 to $1,398.47.
The chipmaker's fiscal first-quarter earnings and revenue beat analysts' forecasts.
Micron Technology Inc. (MU), up $15.08 to $111.33.
The chipmaker gave investors a surprisingly strong financial forecast for the current quarter.
Five Below Inc. (FIVE), down $30.13 to $178.84.
The discount retailer gave investors a disappointing earnings forecast for the year.
Darden Restaurants Inc. (DRI), down $10.34 to $164.25.
The owner of Olive Garden and other chains cut its revenue forecast for the year.
Designer Brands Inc. (DBI), down $1.55 to $9.97.
The footwear and accessories retailer gave investors a weak earnings forecast.
Chewy Inc. (CHWY), down $1.16 to $16.58.
The online pet supply retailer gave investors a weak sales forecast for the current quarter.
Academy Sports and Outdoors Inc. (ASO), down $6.51 to $64.74.
The sporting goods retailer gave investors a disappointing earnings forecast for the year.
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