Yum China, TrueCar rise; Ventas, CarMax fall

Yum China, TrueCar rise; Ventas, CarMax fall

SeattlePI.com

Published

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:

Yum China Holdings Inc., up 92 cents to $51.31.

The operator of Kentucky Fried Chicken and Pizza Hut in China filed for a stock listing in Hong Kong, according to media reports.

Continental Resources Inc., down 29 cents to $16.91.

The energy company said it will increase production in July after sharply curtailing operations for months.

AMC Entertainment Holdings Inc., down 11 cents to $5.52.

The movie theater operator said it will reopen in mid-July with limited seating capacity to maintain social distancing.

At Home Group Inc., down 87 cents to $6.90.

The home decor retailer reported disappointing fiscal first-quarter financial results.

Hertz Global Holdings Inc., down 7 cents to $1.73.

The car rental company scrapped a plan to sell $500 million worth of stock amid scrutiny from regulators.

TrueCar Inc., up 10 cents to $2.90.

The provider of new and used car price data told investors that demand improved in May and June.

Ventas Inc., down $3.55 to $35.80.

The real estate investment trust slashed its quarterly dividend for the second quarter by 43%.

CarMax Inc., down $6.04 to $ 91.87.

The used car dealership chain's fiscal first-quarter profit fell short of Wall Street forecasts.

Full Article