NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
Garmin Ltd., up $12.09 to $83.06
Higher demand for fitness trackers and navigation devices pushed profit and forecasts beyond Wall Street’s expectations.
Owens & Minor Inc., down $1.39 to $6.55
The medical supply distributor’s fourth-quarter earnings fell short of forecasts and it slashed its dividend.
CVS Health Corp., down $5.66 to $64.22
The drug store operator gave investors a weak profit outlook, citing issues with its long-term health care services business.
Devon Energy Corp., up $1.96 to $30.27
The oil and gas producer beat revenue forecasts on a boost in production and will separate its shale assets.
Concho Resources Inc., down $8.55 to $112.45
The oil and gas company’s fourth-quarter profit and revenue fell short of Wall Street forecasts.
Cadence Design Systems Inc., up $2.43 to $55.07
Higher revenue pushed the software maker to a better-than-expected fourth-quarter profit.
Southwest Airlines Co., down $3.26 to $54.41
The airline expects the government shutdown to cut $60 million from its first-quarter revenue and a federal investigation found that it is making mistakes in calculating luggage weight.
La-Z-Boy Inc., up $3.79 to $36.01
The furniture maker’s quarterly profit more than doubled on higher sales, beating Wall Street forecasts.
