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On Holding, Beazer Homes rise; ProFrac, AEP fall

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NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:

U.S. Xpress Enterprises Inc., up $4.48 to $5.98.

The trucking company agreed to be acquired by Knight-Swift Transportation for $6.15 a share in cash.

First Republic Bank, up $3.59 to $15.77.

The struggling regional bank led a rally in the sector on hopes for more backstop measures.

ProFrac Holding Corp., down $2.74 to $11.93.

The hydraulic fracturing equipment maker reported earnings and revenue that fell short of Wall Street’s estimates.

On Holding AG, up $5.69 to $27.26.

The Swiss athletic gear company posted huge sales growth in the fourth quarter and full year.

Canadian Solar Inc., up $5.39 to $41.25.

The maker of solar energy equipment posted results above what investors expected.

KKR & Co., up $2.43 to $51.03.

The investment firm is selling its 50% stake in X-ELIO, a renewable developer, to Brookfield Renewable, its partner in the venture.

American Electric Power Co. Inc., down $2.86 to $88.90.

Utilities and other high-dividend stocks were out of favor as bond yields rose.

Beazer Homes USA Inc., up 53 cents to $14.68.

Homebuilders were broadly higher after sales of previously occupied U.S. homes surged in February.

Article Topic Follows: AP National Business

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