Home Depot, KB Home Fall; Fabrinet, Moderna Rise

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NEW YORK: Stocks that traded heavily or had substantial price changes Tuesday:

Home Depot Inc., down $14.30 to $320.75.

The home improvement retailer fell short of analysts’ forecasts for a key sales measure during the second quarter.

Fabrinet, up $6.96 to $96.46.

The company that assembles electronic devices for other companies reported strong fiscal fourth-quarter financial results.

Moderna Inc., up $28 to $401.86.

U.S. health experts could recommend COVID-19 vaccine boosters for all Americans eight months after receiving the second shot.

Walmart Inc., fell 5 cents to $150.70

A broad slide for stocks weighed down the retailer, despite raising its sales forecast for the year.

Kroger Co., up $1.99 to $45.44.

Billionaire investor Warren Buffetts Berkshire Hathaway holding company raised its investment in the grocery giant.

KB Home, down $1.74 to $41.67.

The National Association of Homebuilders reported lower confidence from home builders as supply chain problems drive up construction costs.

Ralph Lauren Corp., down $3.29 to $119.21.

Clothing makers and retailers slipped following July’s weak retail sales report from the Commerce Department.

Alibaba Group Holding Ltd., down $8.98 to $173.73.

The Chinese e-commerce company faces tighter competition rules from regulators in Beijing.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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