STOCKS ON THE MOVE
Immunovant Inc., up $1.18 to $34.66
Reported encouraging results from a study of its treatment for a muscle fatigue condition.
Amgen Inc., up $12.65 to $248.22
The biotechnology giant will be added to the Dow Jones Industrial Average on Aug. 31.
Medtronic Plc., up $2.46 to $102.59
The medical device maker handily beat forecasts.
Children’s Place, down $4.39 to $18.92
Children’s clothing chain’s results disappointed.
Tiffany & Co., down $5.04 to $121.99
The jeweler’s purchase by LVMH was pushed back three months to Nov. 24.
Best Buy Co., down $4.73 to $112.64
Did not provide a financial forecast and warned its sales growth could slow during Q3.
Hormel Foods Corp., down $1.10 to $51.54
The maker of Skippy peanut butter warned it could have trouble meeting demand in Q4.
J.M. Smucker Co., up $7.76 to $120.75
The maker of Jif peanut butter raised forecasts.