Home Depot and Moderna rise while Fabrinet and Sarepta fall

NEW YORK — Stocks that moved substantially or traded heavily on Tuesday:Home Depot Inc., up $9.14 to $217.09The home improvement retailer handily beat Wall Street’s second quarter profit forecasts as the housing market gained strength.Baidu Inc., up $4.50 to $108.72The Chinese internet search company reported a boost in user traffic and its second quarter profit beat Wall Street forecasts.Elanco Animal Health Inc., down $2.55 to $27.26The company is spending $7.6 billion in cash and stock for Bayer’s animal health business.Sarepta Therapeutics Inc., down $18.24 to $102.07The Food and Drug Administration declined approval for the drug developer’s newest muscular dystrophy treatment.Moderna Inc., up 75 cents to $14.15Regulators are putting the biotechnology company’s potential vaccine for the Zika virus under a special fast-track review process.Medtronic PLC, up $2.73 to $106.91The medical device maker’s results surpassed Wall Street’s fiscal first quarter financial expectations and the company raised its profit forecast for the year.Fabrinet, down $10 to $46.46The optical technology company gave investors a weak profit forecast for the current quarter.Kohl’s Corp., down $3.32 to $44.88The department store reported a sharper than expected decline in sales at established locations during the second quarter.The Associated Press

Leave a Reply

Your email address will not be published. Required fields are marked *