Energizer, ADT advance; Bank of America, Canadian Solar slip
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
Energizer Holdings Inc., up $6.38 to $48.38
The battery and personal care products maker handily beat Wall Street’s fiscal fourth-quarter profit forecasts.
Canadian Solar Inc., down $2.85 to $14.66
The solar wafers maker reported weak third-quarter profit and revenue.
Datadog Inc., up $5.79 to $40.19
The data analytics and cloud monitoring company reported strong third-quarter earnings and gave investors an encouraging forecast.
ADT Inc., up 63 cents to $8.35
The home security company reported a jump in third-quarter revenue that beat Wall Street forecasts.
Kansas City Southern, up $1.72 to $154.23
The railroad company increased its quarterly dividend and announced a $2 billion stock buyback plan.
Tech Data Corp., up $5.48 to $130.89
The information technology distribution company is being bought by Apollo Global Management for $5.4 billion.
Luckin Coffee Inc., up $2.48 to $21.46
The China-based coffee chain reported surprisingly strong third-quarter revenue and beat analysts’ earnings forecasts.
Bank of America Corp., down 30 cents to $32.79
Bond yields, which banks rely on to set more lucrative interest rates, fell as investors shifted money into safe-play holdings.