Wingstop, KAR Auction fall; Tribune Publishing, Agilent rise
Stocks that traded heavily or had substantial price changes Wednesday: Wingstop, KAR Auction fall; Tribune Publishing, Agilent rise
NEW YORK — Stocks that traded heavily or had substantial price changes Wednesday:
Kornit Digital Ltd., up $19.36 to $116.85.
The digital textile printer’s fourth-quarter profit and revenue beat Wall Street forecasts.
Tribune Publishing Co., up $1.06 to $17.03.
Alden Global Capital is buying the owner of the Chicago Tribune and other papers for about $430 million.
Agilent Technologies Inc., up $2.17 to $130.12.
The scientific instrument maker reported surprisingly strong fiscal first-quarter profits and revenue.
KAR Auction Services Inc., down $2.53 to $15.93.
The used and salvaged vehicle auctioneer gave investors a disappointing profit forecast for the year.
Wingstop Inc., down $21.95 to $144.04.
The restaurant chain’s fourth-quarter profit and revenue fell short of analysts’ forecasts.
Shopify Inc., down $49 to $1,425.
The cloud-based commerce company said it expects revenue growth to slow in 2021 as vaccines potentially tame the pandemic.
Wix.com Ltd., up $22.70 to $302.16.
The cloud-based web development company gave investors an encouraging forecast after beating analysts’ earnings expectations.
Verizon Communications Inc., up $2.84 to $56.99.
Warren Buffett’s holding company Berkshire Hathaway acquired a large stake in the telecommunications company.