Nike, FedEx rise; Pebblebrook, Calavo Growers fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes...
Nike Inc., up $12.57 to $115.78. The athletic apparel maker reported strong fiscal second-quarter financial results. FedEx Corp., up $5.64 to $169.99.
The package delivery company's fiscal second-quarter earnings beat Wall Street forecasts. Pebblebrook Hotel Trust, down $1.23 to $13.20. The hotel investment company cut its financial forecast.
Six Flags Entertainment Corp., up $2.46 to $23.38. The amusement park operator is reportedly under pressure from activist shareholder Land & Buildings. American Equity Investment Life Holding Co., up $2.25 to $45.37.
The annuity and insurance underwriter rejected a buyout offer from Prosperity Group Holdings and Elliott Investment Management. Hess Corp., up $4.28 to $140.29. Energy stocks gained ground along with crude oil prices.
Calavo Growers Inc., down $4.87 to $29. The avocado grower reported weak fiscal fourth-quarter financial results. Cintas Corp., up $20.45 to $464.39.
The uniform rental company reported strong fiscal second-quarter financial results.