RH, MSC Industrial fall; Adobe, Progressive rise, Friday, 6/14/2024
Stocks that are trading heavily or have substantial price changes on Friday: RH, MSC Industrial fall; Adobe, Progressive rise
NEW YORK — Stocks that are trading heavily or have substantial price changes on Friday:
Adobe Inc. (ADBE), up $65.23 to $523.97.
The design software company raised its earnings forecast for its fiscal year.
RH (RH), down $48.16 to $228.89.
The furniture and housewares retailer reported a much bigger first-quarter loss than analysts' expected.
MSC Industrial Direct Co. (MSM), down $8.29 to $76.37.
The distributor of industrial tools and supplies gave investors a quarterly earnings forecast below Wall Street expectations.
Tyson Foods Inc. (TSN), up 11 cents to $53.97.
The meatpacker suspended its chief financial officer following his arrest Thursday on charges of driving while intoxicated.
Progressive Corp. (PGR), up $2.26 to $205.86.
The insurer reported an increase in policies in May.
Tesla Inc. (TSLA), down $4.10 to $178.37.
The electric vehicle maker’s shareholders voted to restore CEO Elon Musk’s record $44.9 billion pay package.
APA Corp. (APA), down $1 to $27.57.
The Houston-based oil and gas driller slipped along with prices for natural gas.
GameStop Corp. (GME), down $1.12 to $28.
Keith Gill, the investor known as “Roaring Kitty," reportedly bought more shares in the video game retailer.
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