PepsiCo, Nokia rise; Boeing, Conagra fall

Jul 13, 2021, 1:16 PM | Updated: 3:44 pm

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

PepsiCo Inc., up $3.45 to $152.96.

The food and beverage company beat Wall Street’s second-quarter profit and revenue forecasts.

Boeing Co., down $10.09 to $228.20.

The airplane maker will cut production of its 787 aircraft after a structural flaw was discovered in some undelivered planes.

Nokia Corp., up 51 cents to $5.88.

The technology company expects to raise its financial forecasts for the year.

Fortive Corp., up 13 cents to $70.58.

The industrial conglomerate is buying ServiceChannel for $1.2 billion.

Monmouth Real Estate Investment Corp., up 16 cents to $19.16.

The real estate investment trust reportedly received a buyout offer from Starwood.

Conagra Brands Inc., down $1.95 to $33.98.

The owner of Chef Boyardee’s and other packaged food brands gave investors a weak financial forecast, citing inflation pressure.

Fastenal Co., down 86 cents to $53.16.

The maker of industrial and construction fasteners expects more pressure from inflation on product and transportation costs.

Simulations Plus Inc., down $9.37 to $44.03.

The maker of software used in pharmaceutical research reported disappointing fiscal third-quarter revenue and a weak sales forecast.

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PepsiCo, Nokia rise; Boeing, Conagra fall