Constellation Brands and Biogen rise; Navient plunges
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:
Constellation Brands Inc., up $8.07 to $209.25
The beer and wine maker raised its profit forecast after it reported strong quarterly sales.
Biogen Inc., up $11.82 to $326.74
The company reported more data on its drug Spinraza, a treatment for spinal muscular atrophy.
United Parcel Service Inc., down 80 cents to $118.20
Package delivery companies UPS and FedEx traded lower after Bloomberg News said Amazon is testing its own delivery service.
Navient Corp., down $2.10 to $12.61
The student loan servicing company stopped its stock repurchases after it bought another company.
Alphabet, Inc., up $18.41 to $985.19
Technology companies led as the stock market hit its longest winning streak it years.
SeaWorld Entertainment Inc., down 92 cents to $13.19
Bloomberg News reported that Merlin Entertainment made an offer to buy part of the theme park company.
Buckle Inc., up 95 cents to $17.30
The retailer’s reported sales slumped last month but the decline was better than expected.