JM Smucker, Bank of America fall; Target, Workday rise
Stocks that traded heavily or had substantial price changes Tuesday: J
NEW YORK — Stocks that traded heavily or had substantial price changes Tuesday:
Target Corp., up $19.66 to $219.43.
The retailer’s fourth-quarter profit beat Wall Street forecasts.
Albertsons Companies Inc., up $2.25 to $31.40.
The grocery store operator announced plans for a strategic review.
Workday Inc., up $11.28 to $240.33.
The maker of human resources software reported encouraging fourth-quarter financial results.
C.H. Robinson Worldwide Inc., up $8.14 to $104.82.
The trucking company announced several new board members and will form a committee to assess operations and strategy.
Kohl’s Corp., up $1.18 to $56.80.
The department store operator gave investors a strong profit forecast and raised its quarterly dividend.
J. M. Smucker Co., down $8.43 to $126.32.
The maker of Jif peanut butter and Folgers coffee trimmed its profit forecast for the year.
Bank of America Corp., down $1.73 to $42.47.
Bond yields fell and weighed on banks, which rely on higher yields to charge more lucrative interest on loans.
Newmont Corp., up $2.81 to $69.01.
Gold prices rose and lifted the gold producer’s stock.