Palo Alto Networks, Best Buy rise; Walmart, Southern fall
Stocks that traded heavily or had substantial price changes Tuesday:
Best Buy Inc., up $9.33 to $121.49.
The nation's largest consumer electronics chain raised its full-year sales forecast after reporting strong quarterly results.
Palo Alto Networks Inc., up $69.30 to $441.87.
The cybersecurity company released results that beat analysts' forecasts and issued a strong outlook for the full year.
Walmart Inc., down $1.55 to $148.90.
The company said it will open up its delivery service to other retailers, allowing them to send goods directly to their customers' homes.
Advance Auto Parts Inc., up 1 cent to $207.78.
The auto parts seller's latest profit report easily beat analysts' expectations, and the company also increased its stock buyback program.
Peloton Interactive Inc., up $7.12 to $113.71.
The at-home exercise company said it would release a new version of its Tread workout machine on Augsust 30.
Wynn Resorts Ltd., up $6.51 to $99.44.
The casino operator rose on news that China was easing covid testing requirements for travel to Macau from mainland China.
Southern Co., down 94 cents to $65.73.
Utilities and other safe-play stocks lagged the rest of the market.
Medtronic PLC, up $4.09 to $132.57.
The medical technology company reported earnings that came in ahead of what Wall Street analysts were looking for.