Autodesk, Walt Disney rise; AMC Networks, Dycom fall, Monday, 6/17/2024
NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Monday:
Autodesk Inc. (ADSK), up $12.37 to $238.24.
Investor Starboard Value disclosed a $500 million stake and wants improvements at the company.
Aaron’s Company Inc. (AAN), up $2.46 to $10.
IQVentures Holdings is buying the rent-to-own furniture and appliance company.
Taiwan Semiconductor Manufacturing Co. (TSM), up $2.67 to $175.18.
The chipmaker is reportedly planning to raise prices on some of its chips.
AMC Networks Inc. (AMCX), down $5.02 to $10.69.
The owner of cable channels including AMC and IFC announced a $125 million private debt offering.
Dycom Industries Inc. (DY), down $6.63 to $169.88.
The provider of specialty contracting services said CEO Steven E. Nielsen is retiring.
Freeport-McMoRan Inc. (FCX), down 86 cents to $47.25.
The copper miner slipped along with prices for the base metal.
Ennis Inc. (EBF), up 47 cents to $21.36.
The clothing and label maker beat analysts’ first-quarter earnings forecasts.
Walt Disney Co. (DIS), up $1.16 to $101.13.
The entertainment giant’s “Inside Out 2” earned $155 million in ticket sales over the weekend according to studio estimates.