Keysight Technologies, Nordson traps; Eli Lilly, Lam Research Rise, Tuesday 21/05/2024

NEW YORK — Stocks that trade heavily or see significant price changes on Tuesday:

AutoZone Inc. (AZO), down $114.04 to $2,810.

The auto parts retailer reported fiscal third-quarter revenue that fell short of analyst expectations.

Palo Alto Networks Inc. (PANW), down $10.28 to $313.49.

The security software manufacturer has lowered its billing forecast for this year.

Keysight Technologies Inc. (KEYS), down $15.97 to $143.78.

The electronic measurement technology company's profit forecasts for the current quarter fell short of Wall Street expectations.

Nordson Corp. (NDSN), fell $23.08 to $245.33.

The maker of adhesives and industrial coatings lowered its profit forecast for the year.

Lam Research Corp. (LRCX), up $12.15 to $954.19.

The semiconductor equipment maker's board approved a $10 billion stock buyback plan and a 10-for-1 stock split.

Peloton Interactive Inc. (PTON), down 56 cents to $3.35.

The exercise bike and treadmill company announced an extensive refinancing plan.

ZIM Integrated Shipping Services Ltd. (ZIM), down 65 cents to $18.53.

The container shipping company's first-quarter profits fell short of analysts' expectations.

Eli Lilly and Co. (LLY), up $20.99 to $804.17.

The drug developer reportedly received approval in China for a major treatment for diabetes and weight loss.

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