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Target, Lululemon fall; Petco, Dycom rise, Wednesday, 5/22/2024

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday:

Target Corp., down $12.51 to $143.27.

The retailer's first-quarter earnings fell short of Wall Street forecasts.

Analog Devices Inc., up $23.52 to $240.16.

The semiconductor maker's earnings forecast for its current quarter exceeded Wall Street expectations.

Lululemon Athletica Inc., down $23.35 to $299.63.

The athletic apparel maker said its chief product officer resigned and it will restructure its product and brand teams.

United Natural Foods Inc., up $1.11 to $12.26.

The organic food distributor extended its wholesale partnership with Whole Foods Market, an affiliate of Amazon.com.

Williams-Sonoma Inc., down $34.45 to $279.93.

The cookware and home furnishings retailer beat Wall Street's first-quarter earnings and revenue forecasts.

Petco Health & Wellness Co., up 43 cents to $2.88.

The pet supply chain's first-quarter earnings and revenue beat analysts' forecasts.

Dycom Industries Inc., up $12.74 to $167.14.

The provider of specialty contracting services beat Wall Street's first-quarter earnings forecasts.

Photronics Inc., down $1.94 to $26.32.

The electronics imaging company's financial forecasts for its current quarter fell short of analysts' expectations.

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