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Semtech, Yum China rise; Vital Energy, Radiant Logistics fall, Wednesday, 9/14/2023
By AP News - Sep 14, 2023, 12:30 PM ET
Last Updated - Sep 14, 2023, 12:30 PM EDT
Stocks that are trading heavily or have substantial price changes on Thursday:
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Thursday:
Yum China Holdings Inc. (YUMC), $3.15 to $56.33.
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The operator of Pizza Hut and KFC restaurants in China is accelerating its expansion plans.
International Game Technology Plc. (IGT), up $2.74 to $32.80.
Apollo Global Management is reportedly considering buying the slot machine maker's gaming division.
Semtech Corp. (SMTC),up $1.29 to $24.16.
The chipmaker's second-quarter earnings and revenue beat analysts' forecasts.
Radiant Logistics Inc. (RLGT), down 62 cents to $6.05.
The transportation and logistics services company reported weak fiscal fourth-quarter financial results.
Vital Energy Inc. (VTLE), down $3.97 to $54.98.
The oil and natural gas company is expanding operations in the Permian Basin through deals worth about $1.17 billion.
CS Disco Inc. (LAW), down 81 cents to $6.94.
The legal technology company's cofounder, Kiwi Camara, resigned as CEO.
Hess Corp. (HES), up $3.24 to $163.69.
Energy stocks gained ground along with rising oil prices.
HP Inc. (HPQ), down 60 cents to $27.73.
Berkshire Hathaway sold about 5.5 million shares of the personal computer and printer maker.
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