- Associated Press - Wednesday, April 8, 2020

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

FedEx Corp., up $9.59 to $125.54.

Amazon will suspend a delivery service that competed with FedEx and UPS in the U.S.

McDonald’s Corp., up $1.90 to $177.49.

Sales fell 22% in March, and the company withdrew its financial forecasts and suspended its stock buyback program.



Levi Strauss & Co., up $1.12 to $13.13.

The jeans maker reported earnings that easily beat analysts’ forecasts.

TAL Education Group, down $3.76 to $52.06.

The Beijing-based company said it discovered that an employee had been fraudulently inflating sales.

Party City Holdco, Inc., down 3 cents to $0.47.

The company said it would furlough 90% of its store employees and cut back on spending.

Pinterest, Inc., up $1.77 to $16.83.

The company forecast that its first-quarter revenue would meet forecasts, but it pulled its full-year outlook.

Group 1 Automotive, Inc., up $5.47 to $50.62.

The owner of auto dealerships said it was canceling its dividend and share repurchase program.

Sage Therapeutics, Inc., up 98 cents to $30.01.

The biopharmaceuticals company announced a restructuring that will cut its staff count by about half.

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