Oracle stock slumps, Apple shares steady and other stocks on the move

by user


Here are some of the day’s biggest movers:

Stock gainers:

Apple stock
AAPL,
+0.66%

inched 0.1% higher ahead of the presentation of its new iPhone. The stock has dropped 5% over the last five sessions on China concerns.

Shares of convenience-store chain Casey’s General Stores Inc. 
CASY,
-1.02%

 were up 4% after its first-quarter per-share profit and same-store sales inside its retail locations topped Wall Street’s estimates.

WestRock
WRK,
-1.48%

stock jumped 8% to $36.84, after agreeing to merge with Smurfit
SKG,
-8.47%

in a deal the companies say is valued at $43.51 per WestRock share. The terms call for the Irish acquirer to hold 50.4% of the combined company. The bid is one Smurfit share plus $5 in cash for each WestRock share.

Stock decliners:

Oracle Corp. shares
ORCL,
+0.31%

dropped 9% after the cloud database company’s issued revenue outlook fell below Wall Street expectations.



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