Finisar and Caterpillar jump while Diebold and Lumentum fall



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

Finisar Corp., up $4.41 to $23.71

Apple is making a $390 million investment in the company so it can make more lasers used in facial recognition technology.

Western Digital Corp., up $1.86 to $83.63

The hard drive maker resolved a patent dispute and other issues surrounding Toshiba's sale of its flash memory business.

Lumentum Holdings Inc., down $1.47 to $50.28

The optical networking products maker slumped after Apple's investment in a competitor.

Diebold Nixdorf Inc., down 50 cents to $18

The ATM and security systems company said CEO Andreas Mattes resigned.

Overstock.com Inc., up $7.45 to $60.90

CEO and top shareholder Patrick Byrne told the Financial Times he may sell the company to fund a blockchain venture.

Honeywell International Inc., up $2.06 to $155.80

The industrial conglomerate raised its annual profit forecast and said fourth quarter sales have been strong.

Eli Lilly & Co., up $1.18 to $87.89

Investors were pleased with the drugmaker's forecasts for 2018.

Caterpillar Inc., up $5.15 to $148.57

The construction equipment maker updated investors about its sales in October and November.

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The Associated Press

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