Rite Aid and Conagra soar; Darden Restaurants, Apogee fall
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday:
Rite Aid Corp., up $3.52 to $11.84
The struggling drugstore chain posted a rare quarterly profit and easily topped analyst expectations.
Conagra Brands Inc., up $4.61 to $33.66
The giant food maker, whose brands include Duncan Hines and Birds Eye, reported strong quarterly results.
Apogee Enterprises Inc., down $8.19 to $32.01
The glass products company reported quarterly earnings that fell far short of what investors were expecting.
Micron Technology Inc., up $1.49 to $54.53
The chipmaker reported higher profit than analysts expected and its CEO said it expects this quarter to mark a “cyclical bottom."
Darden Restaurants Inc., down $7.28 to $109.03
The owner of chain restaurants reported only modest growth at its Olive Garden business.
Green Dot Corp., down $2.68 to $23.18
The financial technology company said its CEO and CFO were retiring.
TiVo Corp., up 49 cents to $8.38
The company scrapped plans to split up and instead will merge with Xperi, an entertainment technology company.
Herman Miller Inc., down $6.77 to $42.97
The furniture maker reported revenue for its latest quarter that fell short of what analysts were looking for.