NEW YORK — Stocks that moved substantially or traded heavily on Wednesday:
Macy’s Inc., down $2.56 to $16.80
The department store slashed its profit forecast for the year after falling far short of Wall Street’s second quarter expectations.
Newmont Goldcorp Corp., up 31 cents to $37.97
Gold prices rose and helped lift gold mining companies as investors shifted their focus to seemingly less-risky holdings.
Myriad Genetics Inc., down $19.05 to $25.50
The molecular diagnostic company issued a weak financial forecast after falling short of fiscal fourth quarter expectations.
Tilray Inc., down $6.98 to $39.04
The cannabis company’s second quarter loss was wider than analysts’ forecasts.
Presidio Inc., up $2.91 to $16.10
The information technology services company is being bought for $2.1 billion by BC Partners.
Nvidia Corp., down $5.98 to $150.07
Chipmakers and other technology companies bore the brunt of a stock sell-off as investors moved away from high-risk stocks.
JPMorgan Chase & Co., down $4.54 to $104.80
Bond yields, which banks rely on to set interest rates and increase profits, fell sharply.
Exxon Mobil Corp., down $2.84 to $67.65
Oil prices fell and dragged down energy company stocks amid investors’ concern that economic growth could stall amid the U.S.-China trade war.
The Associated Press