Kornit, DoorDash fall; Resolute Forest, Broadcom rise
Jul 6, 2022, 1:23 PM | Updated: 1:56 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Resolute Forest Products Inc., up $7.87 to $20.36.
Paper Excellence Group is buying the maker of paper and wood products.
Kornit Digital Ltd., down $8.10 to $23.46.
The industrial and commercial printing company gave investors a disappointing revenue update for the second quarter.
DoorDash Inc., down $5.54 to $69.36.
Amazon announced a membership deal with Grubhub, a rival delivery service.
Hess Corp., down $2.64 to $95.55.
The energy company slipped along with falling crude oil prices.
Freeport-McMoRan Inc. up 12 cents to $27.38.
The copper mining company rose along with prices for the metal.
Clorox Co., up $1.91 to $146.66.
The bleach maker gained ground as investors shifted money into safe-play sectors, including household goods companies.
Norwegian Cruise Line Holdings Ltd., down $1.19 to $11.27.
Cruise lines slumped as investors remain concerned about the industry’s recovery amid slowing economic growth.
Broadcom Inc., up $6.31 to $482.61.
The chipmaker’s buyout of VMware is set to move forward as there are reportedly no rival bidders.
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