America’s Car-Mart, Designer Brands fall; CVS, Gitlab rise, Tuesday, 12/5/2023
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Tuesday:
KeyCorp (KEY), down 40 cents to $13.04.
Investors were disappointed by the regional bank’s latest financial update.
Comerica Inc. (CMA), down $1.22 to $48.23.
The bank expects loan balances to be lower than it previously anticipated in the fourth quarter.
CVS Health Corp. (CVS), up $2.86 to $71.34.
The drugstore giant gave investors an encouraging operations and financial update.
Robinhood Markets Inc. (HOOD), up 71 cents to $10.27.
The stock trading app company gave investors an encouraging November activity report.
GitLab Inc. (GTLB), up $6.77 to $59.70.
The software company raised its earnings forecast for the year.
Beacon Roofing Supply Inc. (BECN), down 29 cents to $83.70.
The roofing materials distributor said its chief financial officer resigned to take a leadership role elsewhere.
America’s Car-Mart Inc. (CRMT), down $13.49 to $67.34.
The auto retailer reported a surprisingly big fiscal second-quarter loss.
Designer Brands Inc. (DBI), down $4.17 to $8.65.
The owner of Designer Shoe Warehouse cut its profit forecast for the year.