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International Paper, Unilever rise; Super Micro, Freeport-McMoRan fall, Tuesday, 3/19/2024
By AP News - Mar 19, 2024, 12:22 PM ET
Last Updated - Mar 19, 2024, 12:22 PM EDT
Stocks that are trading heavily or have substantial price changes on Tuesday: International Paper, Unilever rise; Super Micro, Freeport-McMoRan fall
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Tuesday:
Unilever Plc. (UL), up $1.38 to $49.91.
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The maker of Ben & Jerry’s ice cream and Dove soaps is cutting 7,500 jobs and spinning off its ice cream business.
Kroger Co. (KR), up 37 cents to $56.56.
The grocery store owner is selling its specialty pharmacy business to Elevance Health.
Fusion Pharmaceuticals Inc. (FUSN), up $10.40 to $21.04.
AstraZeneca is buying the biopharmaceutical company in a deal worth about $2.4 billion.
Super Micro Computer Inc. (SMCI), down $108.95 to $891.73.
The server technology company announced a stock offering of two million shares.
Crinetics Pharmaceuticals Inc. (CRNX), up $5.09 to $43.02.
The pharmaceutical company gave investors an encouraging update on the development of a potential hormonal disorder treatment.
International Paper Co. (IP), up $3.30 to $38.24.
The global paper and packaging company said Andrew Silvernail will replace Mark Sutton as CEO.
The distributor of water and fire protection products gave investors an encouraging revenue forecast.
Freeport-McMoRan Inc. (FCX), down 39 cents to $44.09.
The copper miner slipped along with prices for the base metal.
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