Overstock.com, JPMorgan Chase rise; Lindsay, McCormick fall; Thursday, 6/29/2023

NEW YORK — Stocks that traded heavily or had substantial price changes on Thursday:

JP Morgan Chase & Co., up $4.84 to $143.43

Bank stocks rose after 23 of the nation's biggest banks passed the Federal Reserve's “stress testing” of their ability to withstand a severe recession.

Overstock.com Inc., up $5.03 to $30.57

The company will rebrand as Bed Bath & Beyond after buying that bankrupt company's intellectual property.

Visa Inc., up $6.36 to $234.32

The digital payments company acquired Pismo, a financial technology company with operations in Latin America, Asia and Europe.

Greenbrier Companies Inc., up $10.34 to $42.82

The maker of railroad freight cars' results came in far ahead of what analysts expected and raised its annual sales forecast.

Wallbox N.V., up $0.53 to $3.48

The maker of charging systems said its Pulsar Plus EV charger will be available in Costco stores beginning next month.

McCormick & Co. Inc., down $5.07 to $86.78

The spice maker raised its forecast for full-year results.

Lindsay Corp., down $9.05 to $115.67

The maker of irrigation systems reported earnings and sales for its latest quarter far below Wall Street's forecasts.

Worthington Industries Inc., up $5.63 to $69.00

The manufacturing company reported earnings for its latest quarter that easily beat analysts' expectations.

Sourse: abcnews.go.com

No votes yet.
Please wait...

Leave a Reply

Your email address will not be published.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