Eli Lilly, 3M rise; MicroStrategy, Chegg fall, Tuesday, 4/30/2024

Release time：2024-05-21 18:26:30 Source：Culture Capsule news portal

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

Eli Lilly and Co., up $43.90 to $781.10.

The drugmaker raised its profit forecast for the year.

3M Co., up $4.35 to $96.51.

The maker of Post-it notes, industrial coatings and ceramics reported strong first-quarter financial results.

MicroStrategy Inc., down $227.94 to $1,065.03.

The business software company’s first-quarter financial results fell short of analysts’ forecasts.

Woodward Inc., up $11.29 to $162.36.

The maker of cockpit controls and other equipment for the defense and aerospace markets raised its financial forecast for the year.

Amkor Technology Inc., up 88 cents to $32.35.

The chip packaging and test services provider gave Wall Street an encouraging earnings forecast.

Trane Technologies Plc., up $16.48 to $317.34.

The maker of heating, ventilation and air conditioning equipment raised its profit forecast for the year.

Chegg Inc., down $2 to $5.17.

The online learning platform gave investors a weak revenue forecast for the year.

Tenet Healthcare Corp., UP $13.14 to $112.29.

The hospital operator raised its profit forecast for the year.

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