NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
Micron Technology Inc., up $4.36 to $37.04
The chipmaker’s third quarter earnings beat expectations and it forecast a pickup in demand during the remainder of 2019.
General Mills Inc., down $2.39 to $51.31
The consumer foods company reported weak sales of its Chex Mix, Annie’s and other snack brands.
ConocoPhillips, up $2.98 to $62.75
A research firm upgraded its rating on the oil company’s stock to “buy” and raised its price target by $6 to $80.
Paychex Inc., down $3.03 to $81.77
The payroll services company reported fourth quarter earnings that fell short of analysts’ estimates.
Synnex Corp., up $7.36 to $99.38
The IT services provider delivered much better second quarter profit and sales than Wall Street expected.
Rollins Inc., down $1.23 to $35.41
The owner of the Orkin pest control business was reportedly downgraded by equity research firm Stifel.
Eli Lilly and Co., down $4.02 to $111.34
Health care stocks were the biggest drag on the market, with drugmakers leading the way lower for the sector.
Hess Corp., up $3.19 to $65.38
Energy stocks rose as the price of U.S. crude oil climbed.
