Oracle, La-Z-Boy fall; General Motors, Rambus rise

Updated 6/16/2021 3:21 PM

NEW YORK -- Stocks that traded heavily or had substantial price changes Wednesday:

Oracle Corp., down $4.56 to $77.08.


Investors were disappointed by the software maker's first-quarter profit forecast.

La-Z-Boy Inc., down $4.94 to $37.34.

The furniture company warned investors that supply chain problems and higher materials prices could hurt profit margins.

General Motors Co., up 95 cents to $61.76.

The auto maker will raise its spending on electric and autonomous vehicles and add two U.S. battery factories.

Carnival Corp., up 67 cents to $29.28.

The cruise operator's Cunard line gave investors an encouraging update on its plan to resume operations.

Elanco Animal Health Inc., up $1.17 to $35.98.

The animal health company is buying Kindred Biosciences for about $440 million.

Rambus Inc., up $1.67 to $21.94.

The memory chip designer is buying back $100 million of its stock and purchasing digital technology company PLDA.

by signing up you agree to our terms of service

Magnachip Semiconductor Corp., down $1.58 to 24.07.

The chip products maker received an order from the U.S. government to halt its sale to Wise Road Capital, pending a review.

Regeneron Pharmaceuticals Inc., down $3.91 to $523.58.

The biotechnology company slipped, despite encouraging results from a study of its COVID-19 treatment.

Article Comments
Attention: We are experiencing technical difficulties with our Facebook Comments module at this time. Comments will remain disabled until we are able to resolve the problem. We apologize for the interruption. We invite you to engage with our content and talk with other commenters on our Daily Herald Facebook page at Thank you.