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Stocks that traded heavily or had substantial price changes Friday:
Nike Inc., down $9.99 to $149.59.
The athletic apparel maker warned investors that supply chain problems will hurt revenue.
Meredith Corp., up $11.41 to $56.30.
Insight by Galvanize: During this webinar Marianne Roth, the chief risk officer of the Consumer Financial Protection Bureau, will provide a deep dive into enterprise risk management at CFPB. Additionally, Dan Zitting, the CEO of Galvanize, will discuss how making better use of data and technology can help federal agencies more rapidly allow decision makers address and mitigate risks.
IAC/InteractiveCorp. is reportedly in talks to buy the owner of People and Better Homes & Gardens magazines.
Progress Software Corp., up $6.89 to $53.10.
The business software maker’s fiscal third-quarter financial results beat Wall Street forecasts.
Merck & Co., up 56 cents to $73.61.
The drug developer reported encouraging results from a study of a potential prostate cancer treatment.
Vail Resorts Inc., up $24.14 to $351.85.
The ski resort operator’s fiscal fourth-quarter earnings and revenue beat analysts’ forecasts.
Costco Wholesale Corp., up $14.97 to $467.75.
Read more: Business News
The warehouse club operator reported encouraging fiscal third-quarter profit and revenue.
JPMorgan Chase & Co., up $1.86 to $163.04.
Banks gained ground as bond yields rose, which allows them to charge more lucrative interest on loans.
Nvidia Corp., down $4.01 to $220.81.
China declared all transactions involving cryptocurrencies illegal, weighing on makers of processors needed in crypto-mining.
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