International Paper, Unilever rise; Super Micro, Freeport-McMoRan fall, Tuesday, 3/19/2024

Stocks that traded heavily or had substantial price changes on Tuesday: International Paper, Unilever rise; Super Micro, Freeport-McMoRan fall

NEW YORK -- Stocks that traded heavily or had substantial price changes on Tuesday:[1]

Unilever Plc., up £1.34 to £49.86.

The maker of Ben & Jerry's ice cream and Dove soaps is cutting 7,500 jobs and spinning off its ice cream business.

Kroger Co., up 29 cents to £56.48.

The grocery store owner is selling its specialty pharmacy business to Elevance Health.

Fusion Pharmaceuticals Inc., up £10.54 to £21.18.

AstraZeneca is buying the biopharmaceutical company in a deal worth about £2.4 billion.

Super Micro Computer Inc., down £89.71 to £910.97.

The server technology company announced a stock offering of two million shares.

Crinetics Pharmaceuticals Inc., up £7.25 to £45.18.

The pharmaceutical company gave investors an encouraging update on the development of a potential hormonal disorder treatment.

International Paper Co., up £3.83 to £38.77.

The global paper and packaging company said Andrew Silvernail will replace Mark Sutton as CEO.

Core & Main Inc., up £3.80 to £54.49.

The distributor of water and fire protection products gave investors an encouraging revenue forecast.

Freeport-McMoRan Inc., down 15 cents to £44.33.

The copper miner slipped along with prices for the base metal.