Novartis, Danaher rise; Nucor, Cadence Design Systems fall, Tuesday, 4/23/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday:
Novartis AG, up $2.16 to $97.28.
The drugmaker beat Wall Street’s first-quarter earnings and revenue forecasts.
Danaher Corp., up $17.03 to $253.11.
The industrial and medical device maker’s first-quarter financial results beat analysts’ forecasts.
Cadence Design Systems Inc., down $3.26 to $281.76.
The maker of hardware and software products for validating chip designs gave investors a weak earnings forecast.
General Motors Co., up $1.89 to $45.10.
The automaker raised its profit forecast for the year.
Nucor Corp., down $16.99 to $174.64.
The steel maker’s earnings and revenue fell short of Wall Street forecasts.
Hibbett Inc., up $13.66 to $86.15.
JD Sports Fashion is buying the sporting goods retailer for about $1.1 billion.
Kimberly-Clark Corp., up $7.11 to $136.04
The maker of Huggies diapers and Kleenex tissues beat analysts’ first-quarter earnings forecasts.
Cleveland-Cliffs Inc., down $2.30 to $18.55.
The iron miner’s first-quarter earnings and revenue fell short of analysts’ forecasts.