Lockheed Martin and Cintas drop; Fred's and Cal-Maine climb



Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

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

Lockheed Martin Corp., down $3.21 to $249.59

The aerospace company fell after President-elect Donald Trump again criticized the cost of its F-35 fighter jet.

Cintas Corp., down $3.73 to $116.36

The uniform supplier reported a weak second-quarter profit.

Allergan PLC, up $5.09 to $199.08

Health care companies, including drugmakers, did better than the market overall on Friday.

Synergy Pharmaceuticals Inc., up $1.03 to $5.77

The drug developer said its irritable bowel syndrome drug plecanatide worked in a late-stage clinical trial.

Fred's Inc., up 82 cents to $20.20

Alden Global Capital disclosed a 25 percent stake in the retailer and said it wants to discuss Fred's plan to buy 865 Rite Aid stores.

Cal-Maine Foods Inc., up $2.95 to $44.95

The egg producer said prices, which have been weak lately, have increased since the end of its second quarter.

Lowe's Cos., down 71 cents to $72.30

Retailers continued their recent slump and took consumer-focused companies slightly lower.

Affiliated Managers Group Inc., down $1.90 to $143.98

Financial stocks, which have soared since the presidential election, traded a bit lower Friday.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

    SIGN UP FOR THE KSL.COM NEWSLETTER

    Catch up on the top news and features from KSL.com, sent weekly.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast