STOCKS ON THE MOVE
▼ Target Corp., down $53.67 to $161.61. First-quarter profits were squeezed by higher costs amid persistently rising inflation.
▼ Lowe’s, down $10.21 to $183.32. Reported disappointing sales.
▲ TJX Companies Inc., up $4 to $60.19.
The owner of T.J. Maxx and Marshalls reported strong first-quarter earnings.
▲ The Container Store Group Inc., up 51 cents to $7.72.
Handily beat Wall Street’s Q4 profit forecasts. ▲ Agilysys Inc., up $3.66 to $39.60.
The software provider for the lodging and leisure sectors gave a strong revenue outlook. ▼ Triumph Group Inc., down $3.98 to $17.90. The aircraft component manufacturer’s earnings and revenue fell short of projections. ▼ Shoe Carnival Inc., down $5.23 to $26.49. Gave investors a disappointing profit forecast. ▼ Citigroup Inc., down $1.73 to $49.32. Falling bond yields weighed on banks.