FedEx, General Electric fall; Bowlero, FirstEnergy rise
Stocks that traded heavily or had substantial price changes Friday: FedEx, General Electric fall; Bowlero, FirstEnergy rise
NEW YORK — Stocks that traded heavily or had substantial price changes Friday:
FedEx Corp., down $43. 85 to $161.02. The package delivery company will close its corporate offices and storefronts to reduce costs as profits decline.
General Electric Co., down 2 52 to $66.39. The industrial giant said to investors that it is still struggling with supply chain problems and rising prices.
Bowlero Corp., up 94 cents to $13.43. The fourth quarter revenue for the bowling alley chain was strong.
FirstEnergy Corp., up 78 cents to $41.20. The utility company provided investors with a positive financial update.
NCR Corp., down 5 91 to $23.20.
The maker of ATMs, as well as other hardware and software that handles payments, will be split into two companies.
Uber Technologies Inc. is down $1 20 to $31.93.
After a hacker allegedly breached its network, ride-hailing app called law enforcement.
Huntsman Corp., down 83 cents to $25.68.
The chemical company has lowered its financial forecast for the third quarter due to higher energy costs and lower demand.
AstraZeneca Plc., down 9 cents to $58.05. The drug developer performed better than the wider market after an encouraging update about a rare disease treatment.
I have been writing professionally for over 20 years and have a deep understanding of the psychological and emotional elements that affect people. I’m an experienced ghostwriter and editor, as well as an award-winning author of five novels.