Michaels, DISH Network rise; B&G Foods, Wendy’s fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Ross Stores Inc., down $6.59 to $111.05.
The discount retailer gave investors a weak profit forecast after reporting disappointing fourth-quarter earnings.
fuboTV Inc., down $7.75 to $34.14.
The streaming television service reported a bigger fourth-quarter loss than analysts expected.
Ambarella Inc., down 38 cents to $113.33.
The video-compression chipmaker gave investors an encouraging sales forecast, but was weighed down by the broader slide in technology stocks.
Box Inc., down 8 cents to $18.67.
The online data storage provider reported strong fourth-quarter financial results, but slipped along with the broader technology sector.
DISH Network Corp., up 55 cents to $33.64.
The satellite television provider signed a deal to give subscribers access to DraftKings’ app to view betting odds.
Michaels Companies Inc., up $4 to $22.02.
Hedge fund Apollo Global Management is buying the Texas-based arts and crafts supplies chain.
B&G Foods Inc., down $2.19 to $28.21.
The owner of Green Giant, Crisco and other brands’ fourth-quarter profit and revenue fell short of Wall Street forecasts.
Wendy’s Co., down $1.18 to $20.12.
The hamburger chain’s fourth-quarter profit and revenue missed analysts’ forecasts.