Campbell Soup, Comtech fall; Merck, Vertex rise

By The Associated Press

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:

United Natural Foods Inc., down $6.36 to $34.26.

The natural and organic food company reported disappointing fiscal third-quarter revenue.

Comtech Telecommunications Corp., down $3.53 to $22.13.

The communications company gave investors a weak revenue forecast for the year.

Lordstown Motors Corp., up 1 cent to $11.23.

The electric truck company warned investors that it needs to raise more money.

Campbell Soup Co., down $3.20 to $45.92.

The maker of canned soup, Pepperidge Farm cookies and V8 juice reported disappointing fiscal third-quarter financial results.

Merck & Co., up $1.64 to $74.04.

The drug developer signed a supply agreement with the U.S. and Canada for a potential COVID-19 treatment.

Vertex Pharmaceuticals Inc., up $2.43 to $213.56.

The drug developer received FDA approval for expanded use of its cystic fibrosis drug Trikafta in children.

AbbVie Inc., up $1.66 to $114.

The biotechnology company and Caraway Therapeutics are collaborating on treatments for Parkinson’s disease and other neurodegenerative disorders.

Ferrari NV, down $6.64 to $212.18.

Luxury sports carmaker Ferrari tapped Benedetto Vigna, an Italian executive at Europe’s largest semiconductor chipmaker, as its new CEO.

The Associated Press

Top Stories

Top Stories

Most Watched Today