Walgreens, McCormick rise; Invesco Mortgage, CytomX fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Walgreens Boots Alliance Inc., up 88 cents to $33.82.
The drugstore chain reported strong fiscal second-quarter earnings and revenue.
Alibaba Group Holding Ltd., up $12.28 to $98.40.
The online retailer is splitting into six independent business groups.
PVH Corp., up $14.74 to $88.36.
The owner of the Calvin Klein and Tommy Hilfiger brands gave investors an encouraging profit forecast.
Lyft Inc., down 73 cents to $8.87.
The ride-hailing service’s co-founders Logan Green and John Zimmer are relinquishing their leadership roles to make way for a former Amazon executive.
Invesco Mortgage Capital Inc., down 75 cents to $10.46.
The real estate investment trust lowered its dividend.
CytomX Therapeutics Inc., down 27 cents to $1.52.
The cancer therapy developer reported disappointing fourth-quarter financial results.
The Lovesac Co., up $3 to $27.
The furniture retailer beat analysts’ fourth-quarter earnings and revenue forecasts.
McCormick & Co., up $7.12 to $81.18.
The spices and seasonings company reported strong fiscal first-quarter financial results.
