FedEx flying: FedEx shares rose 2.5 percent to $248.55 Wednesday after a strong start to its holiday season prompted the company to raise its annual profit forecast. FedEx shares closed Friday at $250.02.
Bon appétit: Shares of Darden Restaurants rose 7 percent to $96.69 Tuesday after the parent company of Olive Garden reported fiscal second-quarter earnings that beat analysts’ estimates as same-store sales of its legacy brands rose a brisk 3.1 percent. Shares closed Friday at $96.40.
A bad fit: Clothing styling service Stitch Fix plunged 9 percent, to $22.52 Wednesday after the company noted its profit margins decreased because of its newer men’s and plus-size clothes. Shipping costs increased and it had fewer products available in distribution centers. Shares closed the week at $24.62.
Deal bounce: Snyder’s-Lance, which makes pretzels and other snack foods, rose 7 percent $49.94 Monday after agreeing to be acquired by Campbell Soup for $50 a share, or $4.87 billion. Shares closed the week at $50.24.
Fire fallout: California utility PG&E plunged 17 percent, to $42.25 Thursday after suspending its dividend to conserve cash amid concerns that it may be found liable for wildfires in northern California. Shares closed Friday at $44.57.
On the mend: Finish Line jumped 9.2 percent, to $12.76 Thursday after the athletic shoe and apparel retailer reported a quarterly loss that was more modest than analysts were expecting. Shares finished the week at $13.54.