Bed Bath & Beyond soars, Carnival sinks
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday:
Bed Bath & Beyond Inc., up $3.05 to $16.92
Activist investors hope to replace the home furnishing retailer’s entire board of directors, according to media reports.
Carnival Corp., down $4.94 to $51.71
The cruise line operator slashed its 2019 profit forecast, citing higher fuel costs and a stronger dollar.
Anadarko Petroleum Corp., up $1.34 to $44.94
The energy company and its peers continue to benefit from a steady rise in oil prices.
IHS Markit Ltd., down $1.07 to $53.27
The financial and economics information company reported weaker-than-expected revenue for the first quarter.
Viacom Inc., up $2.01 to $28.33
The media company and CBS are preparing to resume merger talks, according to media reports.
Tesla Inc., up $7.35 to $267.77
A federal judge dismissed a securities fraud lawsuit against the electric car maker that alleged misleading statements about Model 3 production.
Neogen Corp., down $5.03 to $55.50
The medical testing kit maker reported weaker-than-expected fiscal third-quarter profit and revenue.
Beacon Roofing Supply Inc., down $1.62 to $32.49
The roofing materials company warned investors that bad weather could add up to a second-quarter loss.