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Oracle, GameStop rise; Methode Electronics, Zions fall, Tuesday, 6/13/2023
By AP News - Jun 13, 2023, 12:30 PM ET
Last Updated - Jun 21, 2023, 08:28 AM EDT
Stocks that are trading heavily or have substantial price changes Tuesday: Oracle, GameStop rise; Methode Electronics, Zions fall
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Tuesday:
Oracle Corp. (ORCL), up $1.77 to $118.20.
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The software maker beat Wall Street's fiscal fourth-quarter earnings and revenue forecasts.
Zions Bancorp. (ZION), down 66 cents to $29.58.
Investors were disappointed by the regional bank's update to its financial forecast.
Bunge Ltd. (BG), up $2.14 to $95.93.
The agribusiness and food company is buying Viterra in a deal valued at approximately $18 billion.
GameStop Corp. (GME), up $2.44 to $26.75.
Executive chairman Ryan Cohen increased his stake in the video game retailer.
Smart Global Holdings Inc. (SGH), up $1.24 to $24.98.
The manufacturer of computing components is selling 81% of its interest in SMART Brazil for about $166 million on cash.
Patterson-UTI Energy Inc. (PTEN), up 94 cents to $11.72.
The oilfield services company is reportedly considering a deal with NexTier Oilfield Solutions.
Methode Electronics Inc. (MEI), down $8.78 to $36.29.
The maker of technology for user interface and power distribution systems gave investors a disappointing financial update.
Marathon Oil Corp. (MRO), up 48 cents to $23.73.
Energy companies gained ground along with rising oil prices.
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