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Intel, KB Home rise; Big Lots, Urban Outfitters fall

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Intel, KB Home rise; Big Lots, Urban Outfitters fall

Stocks that moved heavily or traded substantially Wednesday: Intel, KB Home rise; Big Lots, Urban Outfitters fallByThe Associated PressJanuary 13, 2021, 9:46 PM• 1 min readNEW YORK — Stocks that moved heavily or traded substantially Wednesday:Target Corp., down $2.28 to $196.82.The retailer said its online sales doubled over the holidays.Ally Financial Inc., up $1.19 to $39.56.The Detroit-based financial institution announced a $1.6 billion stock buyback program.Bausch Health Companies Inc., up $2.33 to $25.80.The pharmaceutical company said revenue was strong in the fourth quarter.KB Home, up 86 cents to $35.01.The home builder beat Wall Street’s fourth-quarter profit and revenue forecasts.Urban Outfitters Inc., down $1.57 to $28.74.The fashion retailer said its holiday sales were disappointing.Big Lots Inc., down 62 cents to $48.19.The discount store chain gave investors a weak fourth-quarter earnings forecast.Intel Corp., up $3.71 to $56.95.The chipmaker said Pat Gelsinger will replace Bob Swan as CEO on Feb. 15.El Pollo Loco Holdings Inc., down $1.45 to $18.69.The restaurant chain warned investors that the virus pandemic hurt its fourth-quarter revenue.


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