UPS, Hasbro rise; Corning, Lockheed Martin fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Medpace Holdings Inc., up $24.64 to $213.02.
The provider of outsourced clinical development services reported strong third-quarter financial results.
United Parcel Service Inc., up $14.17 to $218.07.
The package delivery service beat analysts’ third-quarter profit and revenue forecasts as shipping rates increased.
Inter Parfums Inc., up $5.88 to $83.73.
The perfume maker raised its profit and sales forecasts for the year.
Hasbro Inc., up $2.86 to $91.36.
The maker of Transformers, My Little Pony and other toys beat Wall Street’s third-quarter profit forecasts.
Lockheed Martin Corp., down $44.42 to $331.91.
The aerospace and defense company’s third-quarter revenue fell short of Wall Street forecasts.
Corning Inc., down $2.03 to $36.58.
The specialty glass maker reported disappointing third-quarter financial results.
Waste Management Inc., down $1.87 to $159.28.
The garbage and recycling hauler’s third-quarter profit fell short of Wall Street forecasts.
CommVault Systems Inc., down $14.65 to $61.04.
The data-management software company’s fiscal second-quarter financial results fell short of analysts’ forecasts.
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