JP Morgan, Sherwin-Williams Fall; Wells Fargo, ODP Rise

New York: Stocks that were heavily traded on Friday or had significant price fluctuations:

Sherwin-Williams Co., down $ 8.93 to $ 308.46.

Paint makers reported disappointing fourth-quarter earnings as raw material shortages and supply chain issues put pressure on the business.

Boston Beer Co., down $ 39.65 to $ 449.33.

Samuel Adams Beer makers have warned that they will not be able to meet their 2021 revenue targets due to inventory shortages and rising supply chain costs.

Las Vegas Sands Corporation, up $ 5.33 to $ 42.99.

Changes in gambling laws in Macau have been reported to be beneficial to casino operators.

ODP Corp., up $ 1.29 to $ 42.54.

The parent company of Office Depot is postponing the business split to consider a new takeover offer.

JPMorgan Chase & Co., down from $ 10.34 to $ 157.89.

Investors were disappointed with the bank’s latest financial results. This indicates that profits have declined due to the slump in trading companies.

Wells Fargo & Co., up $ 2.06 to $ 58.06.

The bank reported that it would encourage fourth-quarter performance.

Occidental Petroleum Corp., up $ 1.36 to $ 35.51.

Crude oil prices in the United States have risen, contributing to the rise in energy stocks.

Freeport McMoRan Inc. fell 25 cents to $ 44.08.

The slump in copper prices put pressure on mining companies.

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JP Morgan, Sherwin-Williams Fall; Wells Fargo, ODP Rise

Source link JP Morgan, Sherwin-Williams Fall; Wells Fargo, ODP Rise

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