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Southwest Airlines, Asana fall; Oracle, 3M rise, Tuesday, 3/12/2024
By AP News - Mar 12, 2024, 12:12 PM ET
Last Updated - Mar 12, 2024, 12:12 PM EDT
Stocks that are trading heavily or have substantial price changes on Tuesday: Southwest Airlines, Asana fall; Oracle, 3M rise
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Tuesday:
Oracle Corp. (ORCL), up $13.08 to $127.21.
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The software maker beat analysts' fiscal third-quarter profit forecasts.
Archer Daniels Midland Co. (ADM), up $2.08 to $56.99.
The agribusiness giant announced plans to add $2 billion to its stock buyback program.
Southwest Airlines Co. (LUV), down $4.55 to $29.23.
The airline will cut capacity because Boeing is delivering it fewer aircraft than planned.
Advance Auto Parts Inc. (AAP), up $2.38 to $78.15.
The car parts chain named new board members in agreement with investment firms Third Point and Saddle Point Management.
3M Co. (MMM), up $3.55 to $97.60.
The maker of Post-it notes, industrial coatings and ceramics named William M. Brown as its new CEO.
Asana Inc. (ASAN), down $1.99 to $16.80.
The software company gave investors a disappointing earnings forecast for the year.
American Airlines Group Inc. (AAL), down 53 cents to $14.12.
The airline warned that rising fuel costs will hurt its first-quarter earnings.
Kulicke and Soffa Industries Inc. (KLIC), down 30 cents to $49.68.
The chip-making equipment supplier said a cancelled order will reduce its revenue for the year by about $15 million.
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