Stocks on the Move
Stocks that traded heavily or had substantial price changes Monday:
International Flavors & Fragrances
Inc., up $5.35 to $89.62. The ingredients producer for food, cosmetics and consumer products reaffirmed its first-quarter financial forecasts.
Blackbaud Inc., up $6.10 to $63.93. The software and services provider rejected a buyout offer from Clearlake Capital Group.
WEC Energy Group Inc., down 42 cents to $92.80. The electricity and natural gas provider cut its first-quarter profit forecast following an unusually warm winter.
MAG Silver Corp., down 30 cents to $12.08. Investors were disappointed by the silver mining company’s annual results.
Energy Transfer LP, up 14 cents to $11.84. The energy-related services provider is buying Lotus Midstream Operations in a $1.45 billion deal.
Marathon Petroleum Corp., up $4.21 to $128.91. Energy stocks gained ground along with rising crude oil prices.
Newmont Corp., down 34 cents to $48.21. The gold producer fell along with prices for the precious metal.
Carnival Corp., down 44 cents to $8.79. The cruise line gave investors a weak earnings forecast.
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2023-03-28T07:00:00.0000000Z
2023-03-28T07:00:00.0000000Z
https://timesdigest.pressreader.com/article/281552295114660
New York Times