Dollar Tree, Vera Bradley fall; Valero, Williams-Sonoma rise, Wednesday, 3/13/2024

2024-03-13 16:15:20+00:00 - Scroll down for original article

Click the button to request GPT analysis of the article, or scroll down to read the original article text

Original Article:

Source: Link

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday: Dollar Tree Inc., down $21.27 to $128.42. The discount retail chain will close nearly 1,000 stores and took a surprising loss in the fourth quarter. Allbirds Inc., down 18 cents to 75 cents. The footwear company gave investors a disappointing revenue forecast for the current quarter. Petco Health & Wellness Co., down 4 cents to $2.52. The pet store chain gave investors a disappointing earnings forecast. Williams-Sonoma Inc., up $42.82 to $283.87. The seller of cookware and home furnishings reported encouraging fourth-quarter financial results and raised its dividend. Vera Bradley Inc., down 95 cents to $6.16. The handbag and accessories company reported disappointing fourth-quarter earnings and revenue. Freeport-McMoRan Inc., up $3.05 to $43.41. The copper mining company gained ground along with rising prices for the base metal. Valero Energy Corp., up $7.90 to $158.63. Energy companies rose along with crude oil prices. Village Farms International Inc., down 4 cents to 70 cents. The Canadian greenhouse operator’s fourth-quarter loss was bigger than Wall Street expected.