Apple and Delta rise; Sprouts and General Mills fall

AP News
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Posted: Sep 07, 2016 5:55 PM

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

Apple Inc., up 66 cents to $108.36

The tech giant showed off its newest iPhones, updated smart watch, and other gadgets at its annual fall product launch.

Dave & Buster's Entertainment Inc., down $1.34 to $44.93

The restaurant and arcade chain reported disappointing revenue at older locations and trimmed its forecast for those sales.

Western Digital Corp., up $5.75 to $53.30

The hard drive maker raised its first-quarter outlook.

Chipotle Mexican Grill Inc., up $24.38 to $438.45

Bill Ackman's investment firm Pershing Square took 9.9 percent stake in the struggling Mexican food chain.

Apache Corp., up $3.46 to $55.13

The oil and gas company said it discovered a major oil field in Texas.

Sprouts Farmers Markets Inc., down $3.13 to $19.68

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The healthy grocery store chain cut its guidance because of falling food prices and growing discounts.

Delta Air Lines Inc., up $2.08 to $38.90

The airline lowered some of its third-quarter projections after a computer outage in August, but investors appeared to expect worse.

General Mills Inc., down $3.05 to $67.85

The cereal maker backed its guidance for the year, but forecast weak sales growth for the first quarter.