Grocery Outlet, Lumentum fall; Exxon Mobil, fuboTV rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Grocery Outlet Holding Co., down $7.51 to $33.03.
The supermarket company selling discount, overstocked and closeout products reported weak first-quarter sales.
fuboTV Inc., up $1.71 to $19.38.
The television streaming company raised its revenue forecast for the year.
Wix.com Ltd., down $50.22 to $239.68.
The cloud-based website design company gave investors a disappointing second-quarter revenue forecast.
Darling Ingredients Inc., up $2.35 to $73.09.
The food ingredients company handily beat Wall Street's first-quarter profit and revenue forecasts.
Alliance Data Systems Corp., down $6.52 to $114.19.
The manager of loyalty and rewards programs for retailers and others is spinning off its LoyaltyOne segment.
Lumentum Holdings Inc., down $13.90 to $68.24.
The optical networking products maker reported weak fiscal third-quarter revenue.
Bank of America Corp., down 39 cents to $41.18.
Growing inflation fears dragged down bank stocks along with the broader market.
Exxon Mobil Corp., up 32 cents to $60.04.
Energy company stocks got a boost from rising crude oil prices.
