GreenSky, Steel Dynamics rise; Yum China, Live Nation fall
NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Wednesday:
Microsoft Corp., up $5.03 to $304.82.
The software maker raised its dividend and announced a $60 billion stock buyback plan.
Yum China Holdings Inc., down $3.62 to $57.60.
The restaurant operator in China warned investors that rising COVID-19 cases will hurt third-quarter financial results.
Citrix Systems Inc., up $2.89 to $112.47.
The cloud computing company is reportedly considering a potential sale.
Live Nation Entertainment Inc., down $2.14 to $86.54.
The ticket seller and concert promoter priced a public offering of more than 5.2 million shares of stock below its previous closing price.
GreenSky Inc., up $4.13 to $11.90.
Goldman Sachs is buying the financial technology company in a stock deal for about $2.2 billion.
Glaukos Corp., up $1.76 to $51.78.
The glaucoma treatments developer will receive $60 million from Ivantis as part of a patent dispute settlement.
Steel Dynamics Inc., up $3.07 to $65.04.
The steel producer gave investors an encouraging third-quarter financial forecast.
Workhorse Group Inc., down 22 cents to $8.23.
The maker of electric trucks withdrew its complaint related to losing a bid for a contract with the U.S. Postal Services.