Stitch Fix, Acuity slip; Lennar, Johnson & Johnson gain

NEW YORK — Stocks that moved substantially or traded heavily on Wednesday.United Natural Foods Inc., down $2.90 to $8.17The organic and natural foods distributor gave investors a weak revenue forecast after reporting disappointing fiscal fourth-quarter results.Acuity Brands Inc., down $14.49 to $114.97The lighting products maker reported weak profit and revenue during its fiscal fourth quarter and remains cautious on its 2020 forecast because of tariffs.Johnson & Johnson, up $2.01 to $132The health care company reached an agreement worth more than $20 million with two Ohio counties in a lawsuit involving the marketing of opioid painkillers.Stitch Fix Inc., down $2.17 to $17.89The online clothing styling service issued a weak revenue forecast for the current quarter.Lennar Corp., up $2.10 to $57.82The homebuilder’s quarterly profit and revenue beat Wall Street forecasts as it recorded an increase in revenue and home orders.Exxon Mobil Corp., down $1.80 to $67.15The energy company warned investors that lower oil prices will hurt the company’s third-quarter profit.Barrick Gold Corp., up 15 cents to $17.37The price of gold gained ground as investors leaned toward the precious metal amid concerns over a slowdown in economic growth.Delta Air Lines Inc., down $2.66 to $54.35The airline trimmed its third-quarter profit forecast and warned investors that it is facing higher costs.The Associated Press Thanks to the Courtesy of :

https://www.canadianbusiness.com/business-news/stitch-fix-acuity-slip-lennar-johnson-johnson-gain/

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