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American Airlines, Advance Auto Parts fall; Chewy, Dick’s Sporting Goods rise, Wednesday, 5/29/2024


Stocks that traded heavily or had substantial price changes on Wednesday: American Airlines, Advance Auto Parts fall; Chewy, Dick’s Sporting Goods rise

NEW YORK — Stocks that traded heavily or had substantial price changes on Wednesday:

ConocoPhillips, down $3.71 to $115.25.

The energy company is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion.

Robinhood Markets Inc., up 62 cents to $21.09.

The online broker announced a $1 billion stock buyback plan.

Dick’s Sporting Goods Inc., up $31.03 to $226.03.

The sporting goods retailer raised its earnings forecast for the year.

American Airlines Group Inc., down $1.82 to $11.62.

The airline cut its earnings forecast for the current quarter and said its chief commercial officer is leaving the company.

Chewy Inc., up $4.59 to $21.50.

The online pet store beat analysts’ first-quarter earnings forecasts and announced a $500 million buyback.

Advance Auto Parts Inc., down $7.70 to $62.48.

The auto parts retailer’s first-quarter earnings and revenue fell short of analysts’ forecasts.

Box Inc., up $2.16 to $27.20.

The online storage provider’s first-quarter earnings and revenue beat Wall Street forecasts.

Abercrombie & Fitch Co., up $37.06 to $189.45.

The teen clothing retailer beat analysts’ first-quarter earnings and revenue forecasts.



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