Bank of America, Cal-Maine rise; Nvidia falls
NEW YORKS (AP) - Stocks that moved heavily or traded substantially Wednesday:
Bank of America Corp., up $1.89 to $32.15.
Bond yields jumped, improving banks' ability to charge higher interest rates on loans.
AmerisourceBergen Corp., up $8.41 to $106.17.
The pharmaceutical distribution company raised its profit forecast for 2021.
Walgreeens Boots Alliance Inc., up $1.87 to $43.03.
The drugstore chain is selling its Alliance Healthcare business to AmerisourceBergen for $6.5 billion.
Change Healthcare Inc., up $5.48 to $23.72.
UnitedHealth Group Inc. is buying the health care technology company.
Macy's Inc., up $1.12 to $12.51.
The department store operator is planning on closing 45 stores this year, according to media reports.
Cal-Maine Foods Inc., up $1.14 to $38.42.
The egg producer reported a surprising fiscal second-quarter profit on strong revenue.
Barrick Gold Corp., up 22 cents to $24.50.
The gold miner slipped as the precious metal's price fell sharply.
Nvidia Corp., down $31.61 to $504.58.
Chipmakers fell as investors shifted away from winners of the stay-at-home pandemic economy.