Lennar, Scholastic fall; Costco, Steel Dynamics rise, 12/15/2023
Stocks that are trading heavily or have substantial price changes on Friday: Lennar, Scholastic fall; Costco, Steel Dynamics
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Friday:
Costco Wholesale Corp. (COST), up $24.59 to $655.37.
The warehouse club operator beat analysts' fiscal first-quarter earnings forecasts and declared a special $15 dividend.
Lennar Corp. (LEN), down $5.08 to $149.73.
The homebuilder's forecast for a measure of profit margins fell short of analysts' forecasts.
Elanco Animal Health Inc. (ELAN), down 13 cents to $13.64.
Investment management company Ancora is reportedly pushing for leadership changes at the animal health care company.
The aerospace and defense company said Christopher T. Calio will succeed Gregory J. Hayes as CEO next year.
Steel Dynamics Inc. (STLD), up $5.53 to $124.66.
The steel producer and metals recycler gave investors an encouraging earnings forecast.
Quanex Building Products Corp. (NX), down $4.27 to $30.43.
The housing materials maker said it has a cautious outlook for the first half of 2024 and did not provide a financial forecast.
Scholastic Corp. (SCHL), down $4.90 to $36.58.
The publishing, education and media company's fiscal second-quarter earnings fell short of analysts' forecasts.
Palantir Technologies Inc. (PLTR), down 14 cents to $18.08,
The data analysis software company announced a one-year continuation of its Vantage contract with the U.S. army.
